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canslim-digest         Tuesday, June 19 2001         Volume 02 : Number 1513



In this issue:

       Re: [CANSLIM] Specific Industry Group Rankings & list
       Re: [CANSLIM] Specific Industry Group Rankings & list
       Re: [CANSLIM] new to group
       [CANSLIM] CANSLIM holding period
       Re: [CANSLIM] Shorting
       [CANSLIM] Buying in a base
       RE: [CANSLIM] PSTA
       Re: [CANSLIM] Specific Industry Group Rankings & list
       Re: [CANSLIM] CANSLIM holding period

----------------------------------------------------------------------

Date: Tue, 19 Jun 2001 11:32:25 -0400
From: "Tom Worley" <[e-mail]>
Subject: Re: [CANSLIM] Specific Industry Group Rankings & list

Hi E,

Funny you should ask, I have been working on that very question
on RECN this morning, but my system keeps crashing ( a 486 Compaq
with only 24K RAM just doesn't fare too well these days, will be
glad when I get my new PC).

I still haven't been able to access or find any news stories on
the unblocking of those shares. I did check the SEC site and did
not find a registration statement.  DGO does not show management
owning them, they only show management owning 16% of the 20.5
million share issue. And normally, the regulators will not
unblock true management ("insiders") holdings earlier than the
two year requirement. Even after insiders holdings are eligible
for sale, they are still limited by a quantity measure, I think
1% of the average daily volume over the prior 90 days or some
such formula. Maybe someone still in the business can clarify the
current rules?

My best guess of the source of these shares recently registered
is that they are not management owned, but rather from one of
three likelihood's:

original owners of a company acquired by RECN and paid in stock,
but no longer now a part of the management team
shares issued as part of the bridge financing done six months or
so prior going public
institutional investors who got the shares in a private placement

In all three cases, an early unblocking is permitted, as the
blocking is simply a term of the contract whereby they got the
shares. It is not a regulatory issue, nor is the volume of
selling limited by regulation.

A fourth possibility, but unlikely due the quantity of shares
being registered, is someone who once was part of the management
team but is no longer considered an "insider".

And as you already pointed out, these shares are being
registered, but that doesn't mean they will also be immediately
sold (altho that is a likely occurrence for at least a
substantial portion).  It should also be noted that these shares
are already being counted in earnings per share calculations, so
the only true change is in the active float, should they be sold.

I also don't think the timing is an issue, purely coincidence.
With earnings coming out every three months, along with other
news, it is difficult to impossible to file a registration that
is not somewhere near some other news event. RECN now has six
consecutive quarters of earnings growth. Even without "insider"
knowledge of how well they did this quarter, it would seem a good
time to get your shares ready for sale.

And if the shares were issued as either payment for an
acquisition, or as part of a bridge financing, or from a private
placement, the terms of that deal likely specified that the
company had to register the shares by a set deadline. So again,
timing is likely not significant.

Tom Worley
[e-mail]
AIM: TexWorley

- ----- Original Message -----
From: ernieh <[e-mail]>
To: <[e-mail]>
Sent: Tuesday, June 19, 2001 11:09 AM
Subject: Re: [CANSLIM] Specific Industry Group Rankings & list


Tom,

Thanks for the response.

<You wrote: My only interest in "limiting content" is to ensure
that this group continues on for another 5 years as a CANSLIM
group.>

Point well taken.

I for one have learned something I did not know about the inner
workings of the industy from you already. Along this subject
line, what is your take on the early unlocking of management
stock just weeks before an earnings announcement ie. RECN

- ---------- Original Message ----------------------------------
From: "Tom Worley" <[e-mail]>
Reply-To: [e-mail]
Date: Tue, 19 Jun 2001 10:33:45 -0400

>E,
>
>I am just a member, but one with a lot of tenure, and experience
>in the securities industry. I enjoy sharing what I have learned
>about investing over the past 40+ years, and the securities
>industry from an "insider's" perspective over the past 10+
years.
>
>My only interest in "limiting content" is to ensure that this
>group continues on for another 5 years as a CANSLIM group. We do
>deviate periodically, and that's usually ok so long as we can
get
>back to the topic at hand. But now that we have a functional
>technical indicators group combining TI with CANSLIM, it makes
>more sense to get those topics over there and out of this group.
>I am a member of that group as well, so it doesn't reduce my
>reading volume, just divides it into discrete arenas.
>
>I am not obligated to either read, or respond, to any post. I
>read every one out of interest in other member's perceptions and
>observations, including their read on "M". I respond to those
>where I feel I can contribute something, or see something stated
>that I believe is inaccurate. I have a depth of knowledge about
>both the US securities industry, as well as global trading,
>foreign currency exchange and trading, and economics, and share
>this knowledge freely (sometimes too freely). I have also been
>using CANSLIM for nearly a decade, as well as having past direct
>access to WON's picks and his staff's knowledge, which I also
>share.
>
>Tom Worley
>[e-mail]
>AIM: TexWorley
>
>----- Original Message -----
>From: ernieh <[e-mail]>
>To: <[e-mail]>
>Sent: Tuesday, June 19, 2001 9:37 AM
>Subject: Re: [CANSLIM] Specific Industry Group Rankings & list
>
>
>Tom,
>
>Please do not take offense, because I am new to the group and do
>not know whats what here.
>
>Are you the moderator for the group? If not why do you feel
>obligated to read and or respond to every post. If you are not
>the moderator, give yourself a break. We will understand if you
>cannot read all of the posts every night.
>
>If you are the moderator then I understand your desire to limit
>some of the content on this board.
>
>E
>---------- Original Message ----------------------------------
>From: "Tom Worley" <[e-mail]>
>Reply-To: [e-mail]
>Date: Tue, 19 Jun 2001 08:09:17 -0400
>
>>I would much prefer any surveys be done using a different
>address
>>/ site.  Coming home after a 14 hour workday and having 75-80
>>emails waiting is already enough, thank you. I don't need to
add
>>survey responses to that.
>>
>>I am also not sure what more we can learn from a simple survey
>>than what we already can glean from member's posts and
>>discussions.
>>
>>Tom Worley
>>[e-mail]
>>AIM: TexWorley
>>
>>----- Original Message -----
>>From: Dan Forant <[e-mail]>
>>To: <[e-mail]>
>>Sent: Tuesday, June 19, 2001 7:31 AM
>>Subject: Re: [CANSLIM] Specific Industry Group Rankings & list
>>
>>
>>Change, yes change is something some do not take easily. But I
>>believe not
>>changing or adapting to situations breeds shortsightedness and
>>losses in the
>>market. This is a bear market and money can be made by changing
>>tactics
>>some. Like shorting and daytrading taking advantage of the
>>CANSLIM gospel. A
>>sentiment survey sounds good. This group doesn't get that much
>>mail where it
>>would interfere with it's prime purpose.
>>
>>DanF
>>
>>----- Original Message -----
>>From: "Kent Norman" <[e-mail]>
>>To: <[e-mail]>
>>Sent: Tuesday, June 19, 2001 4:51 AM
>>Subject: Re: [CANSLIM] Specific Industry Group Rankings & list
>>
>>
>>> I wonder if this could be an indication of
>>> capitulation? Instead of throwing in the towel, this
>>> group changes tactics?
>>>
>>> Perhaps we should start running a weekly group
>>> sentiment survey and post the results during the
>>> weekend. This group is already cluttered enough, so I
>>> would not consider having everyone post survey
>>> submissions. Does anyone have a quick and dirty
>>> suggestion on collecting many submissions?
>>>
>>> I am thinking of creating a email account exclusively
>>> for this purpose and just having everyone send a brief
>>> email perhaps with "bull", "bear", "neutral".
>>>
>>> Opinions are welcome.
>>>
>>> Kent Norman
>>> <snip>
>>>
>>> It seemed from all the comments that most members of
>>> this group were either licking their wounds, or
>>> shifting to swing or day trading.
>>>
>>> <snip>
>>>
>
>
>
>-
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>

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------------------------------

Date: Tue, 19 Jun 2001 08:57:56 -0700
From: "Ian" <[e-mail]>
Subject: Re: [CANSLIM] Specific Industry Group Rankings & list

I totally agree with Tom here. I use traditional CANSLIM pivot points to
pyramid to an already winning position, but if I am following the stock, I
want to buy it when it is 'flat-lining' in the base, and volume is drying up
(after an earlier increase in volume). I choose the stocks based on recent
revenue and EPS growth, and forward outlook. I also care about valuation and
will not consider high P/S stocks (I don't mind high P/E when the E are
about to explode due to growth/margin efficiencies). Therefore I feel fairly
comfortable buying in a base based on volume history/action. It makes it
easier to take the violent pullbacks of this manic market. I suspect that if
we were in a super-bull, I would wait exclusively for pivot-points, as I
wouldn't want capital tied up.


A good recent example of this was ACLNF, where it traded just 6,100 shares
on May 1 (at a near-term low) - that was the trigger to start buying, while
it went straight up for 2 weeks after that.  The 75,000 share day on April
12 was my trigger that interest was building, and I knew the CANSLIM
fundamentals were as good as they can get.

ICLR had a similar pattern recently where there was unusually high volume in
early May that I regarded as accumulation. That was followed by some ultra
low volume days. I saw the same thing in SCOT with very high volume on June
7 and June 11, dropping off completely on the 12th. As I was familiar with
the CANSLIM fundamentals, I figured it was a trigger day, although I didn't
buy any. My mistake.


Ian





- ----- Original Message -----
From: Tom Worley <[e-mail]>
To: <[e-mail]>
Sent: Tuesday, June 19, 2001 8:14 AM
Subject: Re: [CANSLIM] Specific Industry Group Rankings & list


> Hi Dave,
>
> A lot of CANSLIMers, including WON, place great importance on
> Group Strength. They use this often as a primary criteria for
> screening. I am the opposite, I prefer individual stock
> performance, and earnings growth, and only casually consider its
> GRS. Many (most?) of the stocks I actually buy, and much of those
> on my watch list, are often in a very weak group. But I have also
> found that those groups eventually moved up into leadership
> positions, by which time I was making good returns.
>
> I recall an observation by WON that by the time a group made it
> into the top 40 (of about 199 groups), it had only made one third
> of its overall move. I used to watch for groups moving up
> strongly and just entering the top 40 as one method of screening
> (back when I was also hooked on group strength as a primary
> screening tool).
>
> I tend to buy stocks while still basing, rather than abiding by
> the rules and waiting for the actual breakout, because I cannot
> depend on being able to watch them religiously during the trading
> day. I get real busy at work most days, and my ability to check
> quotes and volume is sporadic. I have also seen far too many that
> I wanted to own that didn't wait around for a 5, 6, or 7 week
> base to form. I have found that my downside risk on a stock that
> is basing well, and esp where volume is already drying up, is
> usually limited to the transaction costs. And my upside if it
> breaks out without all the proper warnings and signals can be
> significant. This is also a function of my dealing only in small
> cap stocks, most of which have very small floats and are thinly
> traded until they are "discovered". If I wait for discovery to
> occur, I will have to pay a premium, and possibly chase the
> stock. If I buy it while still basing, I can set my price for
> entry, and try to be patient.
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
>
> ----- Original Message -----
> From: Dave Wulf <[e-mail]>
> To: <[e-mail]>
> Sent: Tuesday, June 19, 2001 10:45 AM
> Subject: RE: [CANSLIM] Specific Industry Group Rankings & list
>
>
> Tom, ...thanks.  Here's a canslim question..How do we square the
> industry
> strenght rating with my observations (admittedly limited) in the
> IBD that
> those with top ratings now and with some of the best returns in
> the last 6
> mnths are the groups that have increased from very weak rel.
> strenght
> groups.  Not all, of course, but would seem some inconsistencies
> here.  The
> opposite can also be observed (ie. strong groups moving to weak
> and
> comparable lesser returns).  Some groups tend to stay
> strong...how does one
> discern difference?
> You have mentioned and alerted ( "don't try this at home") that
> you
> enter somewhat early in the base...and oftimes with smaller
> stocks than
> typically qualify under WON...why?
> Regards, DWulf
>
> > ----------
> > From: Tom Worley[SMTP:[e-mail]]
> > Reply To: [e-mail]
> > Sent: Tuesday, June 19, 2001 9:20 AM
> > To: [e-mail]; [e-mail]
> > Subject: Re: [CANSLIM] Specific Industry Group Rankings & list
> >
> > Dave,
> >
> > >From my past experience in this group while still a licensed
> > broker, and reviewing what NASD says on posting, I would
> suggest
> > adding a simple disclaimer in your signature block that you are
> a
> > Registered Investment Advisor.
> >
> > I have seen no evidence from you of touting or recruiting, so a
> > simple disclosure should cover you with the regulators.
> >
> > The more we learn, the more we learn just how much we don't
> know.
> >
> > Tom Worley
> > [e-mail]
> > AIM: TexWorley
> >
> > ----- Original Message -----
> > From: Dave Wulf <[e-mail]>
> > To: <[e-mail]>
> > Sent: Tuesday, June 19, 2001 9:25 AM
> > Subject: RE: [CANSLIM] Specific Industry Group Rankings & list
> >
> >
> > Confession time... I too am a investment professional.  Started
> > Wulf, Bates,
> > & Murphy, Inc. a Registered Investment Advisor, in 1986.  4
> year
> > stints with
> > Merrill Lynch and Shearson Lehman Bros. prior each. We
> specialize
> > in bonds &
> > stuff.
> > I'm here to learn and help.  Hope to contribute. I'm somewhat
> > intimidated by what I can and cannot say from a regulatory
> > standpoint.  I am
> > continually amazed at what I do not know.  Regards, DWulf.
> >
> > > ----------
> > > From: Tom Worley[SMTP:[e-mail]]
> > > Reply To: [e-mail]
> > > Sent: Monday, June 18, 2001 7:30 PM
> > > To: [e-mail]; [e-mail]
> > > Subject: Re: [CANSLIM] Specific Industry Group Rankings &
> list
> > >
> > > Not a problem, Kent and all the others. It seemed from all
> the
> > > comments that most members of this group were either licking
> > > their wounds, or shifting to swing or day trading. But seems
> > > there is enough interest in keeping the powder dry, and
> getting
> > > ready for the next rally, that posting my review is still
> > > beneficial.
> > >
> > > Tom Worley
> > > [e-mail]
> > > AIM: TexWorley
> > >
> > > ----- Original Message -----
> > > From: Kent Norman <[e-mail]>
> > > To: <[e-mail]>
> > > Sent: Monday, June 18, 2001 7:44 PM
> > > Subject: RE: [CANSLIM] Specific Industry Group Rankings &
> list
> > >
> > >
> > > me too, please keep it coming.
> > >
> > > Thanks
> > > Kent Norman
> > > --- Dave Wulf <[e-mail]> wrote:
> > > > Tom,
> > > > I read your list, Thanks.  Regards, DWulf
> > > >
> > > > > ----------
> > > > > From: Dan Forant[SMTP:[e-mail]]
> > > > > Reply To: [e-mail]
> > > > > Sent: Monday, June 18, 2001 9:54 AM
> > > > > To: [e-mail]; [e-mail]
> > > > > Subject: Re: [CANSLIM] Specific Industry Group
> > > > Rankings & list
> > > > >
> > > > > Only part of the file came through. Just the
> > > > stocks.
> > > > >
> > > > > DanF
> > > > >
> > > > > ----- Original Message -----
> > > > > From: Dempsey, Chris
> > > > > To: [e-mail]
> > > > > Sent: Monday, June 18, 2001 8:08 AM
> > > > > Subject: [CANSLIM] Specific Industry Group
> > > > Rankings & list
> > > > >
> > > > >
> > > > > I haven't had a chance to post this for a while.
> > > > The attached file
> > > > > has the industry group rankings from the first
> > > > (ex. 6/01) and 16th (6i/01)
> > > > > of each month taken straight from the IBD
> > > > newspaper.  Also a list of the
> > > > > groups that I will focus on for the next 1/2
> > > > month. The file also includes
> > > > > all stocks on my current watch list and a screened
> > > > list of my current
> > > > > watch list for the industry groups to focus on for
> > > > the next 1/2 month. I
> > > > > hope this is still helpful to some members of the
> > > > group.
> > > > >
> > > > > <<post.xls>>
> > > > >
> > > > >
> > > >
> > > > -
> > > > -To subscribe/unsubscribe, email
> > > > "[e-mail]"
> > > > -In the email body, write "subscribe canslim" or
> > > > -"unsubscribe canslim".  Do not use quotes in your
> > > email.
> > >
> > >
> > > __________________________________________________
> > > Do You Yahoo!?
> > > Spot the hottest trends in music, movies, and more.
> > > http://buzz.yahoo.com/
> > >
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> > >
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------------------------------

Date: Tue, 19 Jun 2001 08:38:44 -0700
From: Neal Frankle <[e-mail]>
Subject: Re: [CANSLIM] new to group

Thanks Tom.

Neal

Tom Worley wrote:

> Hi Neal, and welcome to the group. I am always glad to see a
> financial professional here in the group so I have some company
> understanding, and explaining, some of the mechanics of how the
> system really works.
>
> Now, group, don't bash him. He's admitted he's a professional,
> and also told you he also is not having a great year. But he's
> here as a real person, so treat him accordingly, much as all of
> you have treated me over the years.
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
>
> ----- Original Message -----
> From: Neal Frankle <[e-mail]>
> To: <[e-mail]>
> Sent: Monday, June 18, 2001 10:45 AM
> Subject: [CANSLIM] new to group
>
> Hello. My name is Neal and I am new to the group.  I have been
> following
> WON for 3 years and investing using the system since 1/2000.
>
> I broke even in 2000 and in 2001 I am up 9% for the year.  I was
> feeling
> very much like a looser having seen lots of profits slip away
> over the
> past weeks but being here gives me some perspective.  THANKS!  I
> feel
> better.
>
> To be frank, I am a professional money manger but I am NOT
> soliciting
> business.  I want to sharpen my IBD skills, learn and contribute
> when
> possible.
>
> Regards and Thanks!
>
> Neal
>
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------------------------------

Date: Tue, 19 Jun 2001 08:58:24 -0700
From: Neal <[e-mail]>
Subject: [CANSLIM] CANSLIM holding period

First, thanks for the warm welcome.  I appreciate it very much.

Again, being rather new using CANSLIM I wonder what others experience in terms =
of holding period.  It may be a function of the market, but this system has =
turned me into a day trader of sorts - holding stocks many times for only a few =
days.  I bought a few great stocks in mid April (ppdi,skx, feic) and had big =
gains.  In accordance with WON's laws, since I had more than 20% gains in a few =
weeks, I was planning to hold for 8 weeks but the market started to kill my =
stocks so I started selling to hold on to some modest gains. I bought more =
stocks as the market got weaker and quickly was stopped out.  SO my trading =
activity went out of sight and I don't want to trade that much if possible.  =
That was the reason I became interested in CANSLIM in the first place.

Can anyone help?

Thanks,
Neal

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------------------------------

Date: Tue, 19 Jun 2001 09:08:02 -0700
From: "Robert Seiden" <[e-mail]>
Subject: Re: [CANSLIM] Shorting

Does anyone have any experience with the Indigo software system.They make
seemingly extravagant claims about "hypothetical" results? Currently they
are pushing selling stocks short.They advertise quite heavily in IBD. Their
product is very expensive.They are not CANSLIM. But they do sell short. Are
they for real?
- ----- Original Message -----
From: "DougC" <[e-mail]>
To: <[e-mail]>
Sent: Saturday, June 16, 2001 3:03 PM
Subject: Re: [CANSLIM] Shorting


> There's different approaches to shorting. Depends on your time frame and
> selection criteria. Also some use fundamentals first then buy depending on
> the chart. Others don't look at fundamentals at all. Check out the writers
> on Trading Markets.com. They all discuss shorting when market conditions
> warrant it and they are a perfect representation of the different ways to
> short.  Mark Boucher's techniques follow canslim loosely and he pretty
much
> reverses the long fundie requirements for shorts. And the charts he buys
> off of are upside down C&H and bases on stocks in downtrends. Mark has a
10
> week course on the TM site and a lesson specific to shorting. Also check
> out Dave Landry for swing trade shorting.  They both have excellent books
out.
>
>
>
>   At 01:45 PM 6/16/01 -0700, you wrote:
> >Who can recommend some good books on shorting, or investment books that
> >deal with shorting? I have enough technical analysis books that deal with
> >this...I'm looking for something that deals more with fundamentals, in
> >considerably more detail than WON does in "How to Make Money..."
> >
> >John
> >
> >
> >-
> >-To subscribe/unsubscribe, email "[e-mail]"
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>
>
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------------------------------

Date: Tue, 19 Jun 2001 09:18:34 -0700 (PDT)
From: Dave Cameron <[e-mail]>
Subject: [CANSLIM] Buying in a base

As a follow-up to Tom and Ian, there's nothing wrong with buying in a
base - but I feel a need to point out that it is not what O'Neil
espouses in HTMMIS.   He's not against it - but he states that you
could be waiting for quite a while.   He believes that waiting to buy
on a breakout on strong volume increases your chances of superior returns.

=====
Dave Cameron
[e-mail]

__________________________________________________
Do You Yahoo!?
Spot the hottest trends in music, movies, and more.
http://buzz.yahoo.com/

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------------------------------

Date: Tue, 19 Jun 2001 09:22:08 -0700
From: "DiFabio, Nancy" <[e-mail]>
Subject: RE: [CANSLIM] PSTA

This message is in MIME format. Since your mail reader does not understand
this format, some or all of this message may not be legible.

- ------_=_NextPart_001_01C0F8DB.E98D4610
Content-Type: text/plain;
 charset=iso-8859-1
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Pasta is not just pasta.  100% durum semolina Italian pasta like Barilla or
Del Verde will cook al dente and not turn into glue.  Different types of
pastas correspond with different recipes, hence diverse wines. ie.  Linguine
with fresh garlic sauteed in 100% extra virgin oil (white Trebbiano
d'Abruzzo [my region]), penne with peas and tomato sauce.( Chianti or
Valpolicella), etc.

What's the matter with you guys?

Nancy



- -----Original Message-----
From: Tom Worley [mailto:[e-mail]]
Sent: Monday, June 18, 2001 5:57 PM
To: [e-mail]
Subject: Re: [CANSLIM] PSTA


Well said, Gene. Guess I can get excited about a hot KK glazed right off the
rack, where pasta is still pasta to me.

Maybe reality sets in a little faster for me with pasta.

Tom Worley
[e-mail] <mailto:[e-mail]>
AIM: TexWorley


- ----- Original Message -----
From: Gene Ricci <mailto:[e-mail]>
To: [e-mail] <mailto:[e-mail]>
Sent: Monday, June 18, 2001 8:45 PM
Subject: Re: [CANSLIM] PSTA

kinda like Krispy Kreme.... dough with sugar on it is still dough with sugar
on it.......

- ----- Original Message -----
From: Tom  <mailto:[e-mail]> Worley
To: [e-mail] <mailto:[e-mail]>
Sent: Monday, June 18, 2001 7:42 PM
Subject: Re: [CANSLIM] PSTA

It keeps popping up on my small cap radar screen, but just can't get that
excited about pasta. It's not a brand I buy, or even see in the grocery
store. And as a non-discerning eater of pasta, I go to the stock market to
buy technology, I go to the grocery store to buy whatever pasta is best
priced (usually Muellers).

I never understood all the hoopla about pasta, pasta is pasta, like coffee
is still colored and flavored water you rent.

Tom Worley
[e-mail] <mailto:[e-mail]>
AIM: TexWorley


- ----- Original Message -----
From: Hotmail-Canslim <mailto:[e-mail]>
To: [e-mail] <mailto:[e-mail]>
Sent: Monday, June 18, 2001 3:14 PM
Subject: [CANSLIM] PSTA

Hello all,

What does anyone think of PSTA?

Thanks,

SL


"WorldSecure <irell.com>" made the following
 annotations on 06/19/01 09:20:16
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<BODY bgColor=#ffffff>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff size=2>Pasta
is not just pasta.  100% durum semolina Italian pasta like Barilla or Del
Verde will cook al dente and not turn into glue.  Different types of
pastas correspond with different recipes, hence diverse
wines. ie.  Linguine with fresh garlic sauteed in 100% extra
virgin oil (white Trebbiano d'Abruzzo [my region]), penne with peas and tomato
sauce.( Chianti or Valpolicella), etc.</FONT></SPAN></DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff size=2>What's
the matter with you guys?</FONT></SPAN></DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff
size=2>Nancy</FONT></SPAN></DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=542421216-19062001><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
  <DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma
  size=2>-----Original Message-----<BR><B>From:</B> Tom Worley
  [mailto:[e-mail]]<BR><B>Sent:</B> Monday, June 18, 2001 5:57
  PM<BR><B>To:</B> [e-mail]<BR><B>Subject:</B> Re: [CANSLIM]
  PSTA<BR><BR></FONT></DIV>
  <DIV><FONT size=2>Well said, Gene. Guess I can get excited about a hot KK
  glazed right off the rack, where pasta is still pasta to me.</FONT></DIV>
  <DIV> </DIV>
  <DIV><FONT size=2>Maybe reality sets in a little faster for me with
  pasta.</FONT></DIV>
  <DIV> </DIV>
  <DIV>Tom Worley<BR><A
  href="mailto:[e-mail]">[e-mail]</A><BR>AIM:
  TexWorley<BR></DIV>
  <BLOCKQUOTE dir=ltr
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
    <A title=[e-mail] href="mailto:[e-mail]">Gene Ricci</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A title=[e-mail]
    href="mailto:[e-mail]">[e-mail]</A>
    </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, June 18, 2001 8:45
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] PSTA</DIV>
    <DIV><BR></DIV>
    <DIV><FONT face="Comic Sans MS">kinda like Krispy Kreme.... dough with sugar
    on it is still dough with sugar on it.......</FONT></DIV>
    <BLOCKQUOTE dir=ltr
    style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
      <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
      <DIV
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
      <A title=[e-mail] href="mailto:[e-mail]">Tom
      Worley</A> </DIV>
      <DIV style="FONT: 10pt arial"><B>To:</B> <A
      title=[e-mail]
      href="mailto:[e-mail]">[e-mail]</A>
      </DIV>
      <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, June 18, 2001 7:42
      PM</DIV>
      <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] PSTA</DIV>
      <DIV><BR></DIV>
      <DIV><FONT size=2>It keeps popping up on my small cap radar screen, but
      just can't get that excited about pasta. It's not a brand I buy, or even
      see in the grocery store. And as a non-discerning eater of pasta, I go to
      the stock market to buy technology, I go to the grocery store to buy
      whatever pasta is best priced (usually Muellers).</FONT></DIV>
      <DIV> </DIV>
      <DIV><FONT size=2>I never understood all the hoopla about pasta, pasta is
      pasta, like coffee is still colored and flavored water you
      rent.</FONT></DIV>
      <DIV> </DIV>
      <DIV>Tom Worley<BR><A
      href="mailto:[e-mail]">[e-mail]</A><BR>AIM:
      TexWorley<BR></DIV>
      <BLOCKQUOTE
      style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
        <DIV
        style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
        <A title=[e-mail]
        href="mailto:[e-mail]">Hotmail-Canslim</A> </DIV>
        <DIV style="FONT: 10pt arial"><B>To:</B> <A
        title=[e-mail]
        href="mailto:[e-mail]">[e-mail]</A>
        </DIV>
        <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, June 18, 2001 3:14
        PM</DIV>
        <DIV style="FONT: 10pt arial"><B>Subject:</B> [CANSLIM] PSTA</DIV>
        <DIV><BR></DIV>
        <DIV><FONT size=2>Hello all,</FONT></DIV>
        <DIV> </DIV>
        <DIV><FONT size=2>What does anyone think of PSTA?</FONT></DIV>
        <DIV> </DIV>
        <DIV><FONT size=2>Thanks,</FONT></DIV>
        <DIV> </DIV>
        <DIV><FONT
size=2>SL</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

<P>"WorldSecure <irell.com>" made the following<br>
 annotations on 06/19/01 09:20:16<br>
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<br>
<br>
==============================================================================<br>
</P>
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------------------------------

Date: Tue, 19 Jun 2001 12:21:04 -0400
From: "Dan Forant" <[e-mail]>
Subject: Re: [CANSLIM] Specific Industry Group Rankings & list

I agree, been here a little over a year and the reason my portfolio is up is
this group. Keep the group focused on CANSLIM. It's simple enough for anyone
to start another CANSLIM cousin group. I follow CANSLIM TI group, but don't
know what the hell their talking about. I keep it as simple as possible.

DanF

> E,
>
> I am just a member, but one with a lot of tenure, and experience
> in the securities industry. I enjoy sharing what I have learned
> about investing over the past 40+ years, and the securities
> industry from an "insider's" perspective over the past 10+ years.
>
> My only interest in "limiting content" is to ensure that this
> group continues on for another 5 years as a CANSLIM group. We do
> deviate periodically, and that's usually ok so long as we can get
> back to the topic at hand. But now that we have a functional
> technical indicators group combining TI with CANSLIM, it makes
> more sense to get those topics over there and out of this group.
> I am a member of that group as well, so it doesn't reduce my
> reading volume, just divides it into discrete arenas.
>
> I am not obligated to either read, or respond, to any post. I
> read every one out of interest in other member's perceptions and
> observations, including their read on "M". I respond to those
> where I feel I can contribute something, or see something stated
> that I believe is inaccurate. I have a depth of knowledge about
> both the US securities industry, as well as global trading,
> foreign currency exchange and trading, and economics, and share
> this knowledge freely (sometimes too freely). I have also been
> using CANSLIM for nearly a decade, as well as having past direct
> access to WON's picks and his staff's knowledge, which I also
> share.
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
>
> ----- Original Message -----
> From: ernieh <[e-mail]>
> To: <[e-mail]>
> Sent: Tuesday, June 19, 2001 9:37 AM
> Subject: Re: [CANSLIM] Specific Industry Group Rankings & list
>
>
> Tom,
>
> Please do not take offense, because I am new to the group and do
> not know whats what here.
>
> Are you the moderator for the group? If not why do you feel
> obligated to read and or respond to every post. If you are not
> the moderator, give yourself a break. We will understand if you
> cannot read all of the posts every night.
>
> If you are the moderator then I understand your desire to limit
> some of the content on this board.
>
> E



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------------------------------

Date: Tue, 19 Jun 2001 09:20:05 -0700 (PDT)
From: Dave Cameron <[e-mail]>
Subject: Re: [CANSLIM] CANSLIM holding period

Neal,

For my best successes, my average holding period has been 6 mos.
Lately I've had no real successes.   I agree with your comments that
it is market dependent.   I try not to think about the holding period
up front, and let the price and volume action determine it for me.
My biggest mistakes have been in trying to hold for a longer term.

Just one man's experience,

Dave

- --- Neal <[e-mail]> wrote:
> First, thanks for the warm welcome.  I appreciate it very much.
>
> Again, being rather new using CANSLIM I wonder what others
> experience in terms of holding period.

=====
Dave Cameron
[e-mail]

__________________________________________________
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