Hi= Katherine, Tom and others,

As= a generally non-contributing lurker on this board, but extremely = interested investor, I continue to learn a great deal from you and the other = knowledgeable contributors. I look forward to your monthly Hunting List and = Tom’s weekly list to compare with what I get from my = screening.

Th= anks,

Bi= ll King

-----Original Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Sunday, November = 24, 2002 11:49 AM
To: = canslim@lists.xmission.com
Subject: [CANSLIM] = CANSLIM Hunting List Updated 11/22/02

Hi = All,<= /p>

<= /p>

I've uploaded the latest CANSLIM Hunting list to:<= /p>

<= /p>

http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls ( a bit slow to load)

http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip ( a zipped version for download)<= /p>

*Please note that these spreadsheets were prepared with Excel 2000 for Windows. If = you have older versions of Excel or use a Mac version, you will not be able to = view them properly. If you do not have Excel, see http://= office.microsoft.com/downloads/2000/xlviewer.aspx for a free viewer.

<= /p>

In = order to make it to the list, the stock had to have a forward growth rate of at = least 15%, Price at least 6, Avg Daily Vol at least 30K, RS at least 60, no = more than 15% below the 50 day SMA, and at or above the 200 day SMA. This is what = I consider to be "bare bones" requirements for CANSLIM quality = stocks. (Note that if you follow stricter CANSLIM guidelines, you can use the autofilter feature in each column and view only Price>=3D$12 (or 15) = and AvgVol>=3D100000.) Other information included is industry name = (slightly different than DGO's names, but close enough!), price, avg vol, and = links to graphs and due diligence sites on the internet. This month I've also = added links to Mike's and (now my!) cwhcharts for each stock which displays = U/D volume, RS Rank, Comparative RS vs. SPX and more. I've also added a = couple of additional columns as an outgrowth of my recent discussion with Eric J regarding relative outperformance of certain stocks and strength of = potential and current leader stocks. You'll find a column for the RS Line since = the 10/10 market low. If the RS Line (RS compared to S&P500) has been going up = since that date (indicating outperformance relative to the market), it is = indicated with a "+". I've also included a column to show the % off the = 52 week high for those that keep their eye focused on such things. Also note = that there are 4 sheets in the workbook, though this is easy to overlook. The first = sheet has the listed stocks, but others include a list of stocks dropped from = the list, a summary of stocks by sector, and a sheet with misc. links for = free info on the web.

<= /p>

If = you'd like to look at last month's hunting list, you will find it = at:<= /p>

<= /p>

http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls or<= /font><= /p>

http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip<= /p>

<= /p>

This month there are 476 names, up a whopping 105 names from the = list I posted last month just after the FTD. This month, 125 = names fell from the list, 230 new names came on board and 246 names are = repeats. Though rotation on the list is still fairly severe, the large number of = repeats does show some marked improvement over what I've seen in the last year. = It's an encouraging sign that money seems to continue to flow out of defensive = names such as REITS, Mining and Healthcare (hospitals/HMO's) and into = growth areas such as Healthcare equipment/instruments and Business Sevices. Of = particular note this month is the high representation of media stocks. As a sign of *economic* strength (though not necessarily market strength), this is = very important. 19 names show on the list and represent both print and = broadcast media. AOL also announced recently that they see a strengthening demand = for advertising. This is an important sign, because media is typically one = of the strong sectors leading out of economic reversionary periods. As the = market is a discounting mechanism, this then bodes well. Other areas with good representation are telecom (select cellular and equipment companies), = computer services and business services. I don't see it as particularly troubling = that more retailers don't show on the list. The consumer stocks have = dominated over the past 20 (or so) years and I don't think it would be out of the = question there would be a substantial secular shift to capital goods and other quasi-cyclical sectors in the future. Tech supports many industries and = great growth stocks don't necessarily have to come from consumer related = businesses (though it is true many growth companies do typically come from = innovative retailers.) It's also interesting to me that Biotech is well represented = on this month's list with 14 names. While this is a high-risk sector, it is encouraging to see institutional money flow to it. Many believe biotech = will be the most important growth industry going forward. I am also not troubled = by the flow of money *out* of homebuilders and related stocks. Again, the = market is a discounting mechanism. That means that if money is flowing out of this = sector, the growth in housing, etc.will decline. People may not be building new = houses at a pace equal to the last 10-15 years in the future, but it's a = fallacy to conclude that the consumer will no longer be healthy and spend money. = The laborers and supporting businesses will shift to other industries as a = result in the same way that they did when the oil industry collapsed in the = early '80's. Take a trip to Houston today and you'll find it a far different = city than it was at that time--still a lot of oil money, but a far more = diverse group of businesses than 20 years ago.<= /p>

<= /p>

With a follow-through day under our belts, decent (though certainly not = perfect, and still suspect) action in recent breakouts and a list of hunting candidates composed of less defensive names and more fully populated = with innovative companies, it's an encouraging sign that we may be in for an intermediate term rally of some consequence. It's still a jungle out there....be sure to honor all your buy *and* sell = rules!!<= /p>

<= /p>

One last note...I'm aware that there are many who will not use a list stocks such = as this (and rightfully so), but it's always difficult to tell if the = spreadsheet is useful to enough people on the CANSLIM list to continue to spend the = time it takes to prepare each month. As there is no way to monitor the number of downloads, I'll need some individual feedback to gauge the value to the = list. Tom Worley has often expressed the same sentiment from time to time = given the amount of effort he puts into his weekly Weekend Weeview, so I am = following his lead to get a pulse point.<= /p>

<= /p>

Happy Hunting,

Katherine<= /p>