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canslim-digest         Thursday, May 2 2002         Volume 02 : Number 2393



In this issue:

       Re: [CANSLIM] SAH
       Re: [CANSLIM] SAH
       RE: offlist--Re: [CANSLIM] Q: Accelerating growth
       Re: [CANSLIM] SAH
       Re: [CANSLIM] SAH
       Re: [CANSLIM] SAH

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

Date: Thu, 2 May 2002 23:19:57 -0400
From: "J. Lobatto" <[e-mail]>
Subject: Re: [CANSLIM] SAH

I'll second these thoughts. It always puzzles me why in The Weekend Review
section they display graphs of stocks that are overextended.

- ----- Original Message -----
From: "Tom Worley" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 11:04 PM
Subject: Re: [CANSLIM] SAH


> what, we gotta think for ourselves now as well? Actually, I agree, at
least
> in part. I just hate IBD always pretending that they know it all, by using
> charts already weeks or months, or years, old.
>
> I stopped subscribing years ago because, in part, they were not teaching
me
> anything new about handling "TODAY'S" market. I can figure out, today,
real
> well what I should have done three months ago (and most likely did not do
> then). That's easy, try something challenging, like staying fully invested
> in today's market place. And making money at the same time.
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
> ----- Original Message -----
> From: "Ian" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 11:20 PM
> Subject: Re: [CANSLIM] SAH
>
>
> I dunno. I think that would take away some of our advantage.
>
> Ian
>
>
> ----- Original Message -----
> From: Tom Worley <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 7:26 PM
> Subject: Re: [CANSLIM] SAH
>
>
> > IBD has a history of featuring stocks long after they are buyable, and
> > already a proven winner. We have had many discussions here about that,
and
> I
> > suspect most members, as well as most paying subscribers, would like
them
> to
> > feature more on current situations. Show the stocks with good c&h
> formations
> > right now that have fundies (fundamentals) that make them worth watching
> > closely.
> >
> > Point out stocks that are ridiculously overextended, or have no fundies
at
> > all, as possible shorts
> >
> > Point out distribution days as they occur, both on indexes and
individual
> > stocks
> >
> > Tom Worley
> > [e-mail]
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Winston Little" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 10:18 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > Tom:
> >
> > My thinking had been that I was the only one wondering about the
companies
> > selected and somtimes repeated in feature stories a week or two later in
> the
> > paper.
> >
> >
> > ----- Original Message -----
> > From: "Tom Worley" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 9:54 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > > I often wonder where IBD gets its ideas for stocks to feature, would
> like
> > > them to affirmatively disclose if the company is also a client or has
> > other
> > > business relationship.
> > >
> > > What I see at a glance:
> > > stagnant earnings (in cents) 55, 53, 51,  53
> > > stagnant sales (in millions of $) 1626, 1566, 1679, 1605
> > > debt of 99%, but selling this month $130 million of convertible bonds
> > (which
> > > may dilute the present shares)
> > > funds 27%
> > > chart is extended considerably
> > > forecasts are strong, but look very optimistic compared to what the
> > company
> > > has been earning in past 8 qtrs. Add in stagnant results for past 4
> qtrs,
> > > and I am curious how they expect to grow 34% this year.
> > >
> > > Tom Worley
> > > [e-mail]
> > > AIM: TexWorley
> > > ----- Original Message -----
> > > From: "Marty" <[e-mail]>
> > > To: <[e-mail]>
> > > Sent: Thursday, May 02, 2002 8:35 PM
> > > Subject: [CANSLIM] SAH
> > >
> > >
> > > Here one that IBD talked about in their Smart Investor section today.
> SAH
> > > which been on top (high EPS & RS) since Jan of this year. It has a 7
day
> > > base with a break out today but is still %4 off it 52 week high. Would
> pp
> > be
> > > at $38.55?
> > >
> > >
> > >
> > > Here are some main fundies:
> > >
> > > EPS 99
> > >
> > > RS       97
> > >
> > > ROE    17%
> > >
> > > Earnings 1.91            1.69            1.27            .74
> > > (from barchart)
> > >
> > > Group fundamental rating is only at 72
> > >
> > > Group technical rating is at 95
> > >
> > >
> > >
> > > Any thoughts?
> > >
> > >
> > >
> > > Marty
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
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>
>
>
>
> -
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- -
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------------------------------

Date: Thu, 2 May 2002 23:24:47 -0400
From: "Tom Worley" <[e-mail]>
Subject: Re: [CANSLIM] SAH

Hi Marty,

My primary focus is on stocks hitting new highs, works especially well in a
lousy market, where money is moving back and forth to such an extent that
indexes stand still, or decline. I use CBS's marketwatch screening tool to
get a list of new highs that day, then view the stocks in industry groups I
like.

Because I only focus on low priced (under $20) small caps, I can set filters
which shorten my list down usually to less than 100 stocks. I am also not
finding many new candidates, and have done no trades in several weeks
(partially due lack of time to do my usual routine).

Tom Worley
[e-mail]
AIM: TexWorley
- ----- Original Message -----
From: "Marty" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 11:17 PM
Subject: Re: [CANSLIM] SAH


DGO doesn't have a cwh criteria so how do you find these gems?



Have you tried any of the following paying sites?



www.cupwatch.com/

www.cwhcharts.com/



I figure I should be able to find some of these gems myself instead of
paying someone else. I have been going to The Official Canslim/ERG Forum
and getting the IBD A& B list every Friday and searching everyday in IBD for
the new companies with a rating of A or B and then scanning through the
charts for a cwh or long bases. I find this very tedious and a lot of time
to do and have not come up with much.  I may be missing some graphs due to
my lack of experience.



Still new at this and learning so any helpful hints would be appreciated.



Marty

- ----- Original Message -----
From: "Tom Worley" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 7:26 PM
Subject: Re: [CANSLIM] SAH


> IBD has a history of featuring stocks long after they are buyable, and
> already a proven winner. We have had many discussions here about that, and
I
> suspect most members, as well as most paying subscribers, would like them
to
> feature more on current situations. Show the stocks with good c&h
formations
> right now that have fundies (fundamentals) that make them worth watching
> closely.
>
> Point out stocks that are ridiculously overextended, or have no fundies at
> all, as possible shorts
>
> Point out distribution days as they occur, both on indexes and individual
> stocks
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
> ----- Original Message -----
> From: "Winston Little" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 10:18 PM
> Subject: Re: [CANSLIM] SAH
>
>
> Tom:
>
> My thinking had been that I was the only one wondering about the companies
> selected and somtimes repeated in feature stories a week or two later in
the
> paper.
>
>
> ----- Original Message -----
> From: "Tom Worley" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 9:54 PM
> Subject: Re: [CANSLIM] SAH
>
>
> > I often wonder where IBD gets its ideas for stocks to feature, would
like
> > them to affirmatively disclose if the company is also a client or has
> other
> > business relationship.
> >
> > What I see at a glance:
> > stagnant earnings (in cents) 55, 53, 51,  53
> > stagnant sales (in millions of $) 1626, 1566, 1679, 1605
> > debt of 99%, but selling this month $130 million of convertible bonds
> (which
> > may dilute the present shares)
> > funds 27%
> > chart is extended considerably
> > forecasts are strong, but look very optimistic compared to what the
> company
> > has been earning in past 8 qtrs. Add in stagnant results for past 4
qtrs,
> > and I am curious how they expect to grow 34% this year.
> >
> > Tom Worley
> > [e-mail]
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Marty" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 8:35 PM
> > Subject: [CANSLIM] SAH
> >
> >
> > Here one that IBD talked about in their Smart Investor section today.
SAH
> > which been on top (high EPS & RS) since Jan of this year. It has a 7 day
> > base with a break out today but is still %4 off it 52 week high. Would
pp
> be
> > at $38.55?
> >
> >
> >
> > Here are some main fundies:
> >
> > EPS 99
> >
> > RS       97
> >
> > ROE    17%
> >
> > Earnings 1.91            1.69            1.27            .74
> > (from barchart)
> >
> > Group fundamental rating is only at 72
> >
> > Group technical rating is at 95
> >
> >
> >
> > Any thoughts?
> >
> >
> >
> > Marty
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.


- -
- -To subscribe/unsubscribe, email "[e-mail]"
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- -
- -To subscribe/unsubscribe, email "[e-mail]"
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------------------------------

Date: Thu, 2 May 2002 17:26:41 -1000
From: "Mike Gibbons" <[e-mail]>
Subject: RE: offlist--Re: [CANSLIM] Q: Accelerating growth

This is a multi-part message in MIME format.

- ------=_NextPart_000_0080_01C1F1FE.85CEE300
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    charset="Windows-1252"
Content-Transfer-Encoding: 7bit

Hi Richard,

Sorry to take up more space on the list revisiting this, but I'll have
another go.

 I agree with you that sales growth is a measure of accelerating sales. But
accelerating growth of sales is something else again. It implies that the
rate of change of sales growth is increasing.

Successive quarters of sales growth of 5%, 10%, 15% = constant growth of
sales
Successive quarters of sales growth of 5%, 10%, 20% = accelerating growth of
sales
Successive quarters of sales growth of 5%, 10%, 12% = decelerating growth of
sales.

But I certainly agree that physics is no guide to the markets, other than
that the uncertainty principle is everywhere, and we hope that the inverse
of what goes up must come down applies.

Aloha,

Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com
  -----Original Message-----
  From: [e-mail]
[mailto:[e-mail]]On Behalf Of Richard Yoder
  Sent: Thursday, May 02, 2002 4:53 PM
  To: [e-mail]
  Subject: Re: offlist--Re: [CANSLIM] Q: Accelerating growth


  Mike:
  Think of the sales volume as velocity. It is the velocity of intake of
money. Sales growth then becomes acceleration. You can differentiate this as
many times as you wish to to get rate of acceleration, etc., but pretty soon
even physics fails to explain what's happening in the market.

  Dick
  Mike Gibbons wrote:

    I think you meantvelocity = rate of change of distance +
directionacceleration = rate of change of velocitySo, the underlying
quantity being measured is sales (equivalent to distance)growth in sales per
quarter is equivalent to velocityrate of change of growth per quarter is
acceleration of growth. Aloha, Mike Gibbons
    Proactive Technologies, LLChttp://www.proactech.com
      -----Original Message-----
      From: [e-mail]
[mailto:[e-mail]]On Behalf Of Katherine Malm
      Sent: Thursday, May 02, 2002 9:34 AM
      To: [e-mail]
      Subject: offlist--Re: [CANSLIM] Q: Accelerating growth

      I might be all wrong here, but I think what you've calculated is
velocity rather than acceleration. Acceleration = rate of changeVelocity =
rate of change of the rate of change + direction Katherine
        ----- Original Message -----
        From: Mike Gibbons
        To: [e-mail]
        Sent: Thursday, May 02, 2002 2:24 PM
        Subject: [CANSLIM] Q: Accelerating growth
         I've often seen WON and IBD refer to the need for "accelerating
growth".
        Strictly speaking, that means that the *rate of change* of growth
should be
        positive.
        In yesterday's Investor's Corner they said of PHA, "At the time,
earnings
        growth was accelerating (8% to 35% to 57%)". So the change in growth
was
        from 8% to 35% (27%) to 35% to 57% (22%). So the *rate of change* of
growth
        was 22 - 27 -> -5. That is, growth was decelerating not accelerating

        Now as a physics major, I may be too picky, but I believe that
language
        should be used correctly or it loses its value. It seems to me that
what
        they mean is "earnings growth was increasing".

        In that case the WON rule that says that "sales growth should be
        accelerating" needs to be restated to "sales growth should be
increasing".

        Aloha,

        Mike Gibbons
        Proactive Technologies, LLC
        http://www.proactech.com


        -----Original Message-----
        From: [e-mail]
        [mailto:[e-mail]]On Behalf Of Warren Keuffel
        Sent: Thursday, May 02, 2002 7:55 AM
        To: [e-mail]
        Subject: Re: [CANSLIM] IBD's Industry Group and Ticker Symbol Index


        If you intend to pursue a group-oriented strategy, and you intend to
use
        IBD's 197 industry group tables, the book is indispensible because
it's
        not always obvious which companies are assigned to which industry
        groups. I'm using Vector Vest now, which has its own industry
groupings,
        so I no longer buy the IBD books.

        HTH.
        Warren

        rolf hertenstein wrote:

        >Hello all -
        >
        >Could anyone who has used this guide in the past
        >tell me if they
        >indeed found it useful?  I'll likely wait for the
        >next issue due in June
        >in any case.
        >
        >Thanks!
        >
        > Rolf
        >
        >
        >-
        >-To subscribe/unsubscribe, email "[e-mail]"
        >-In the email body, write "subscribe canslim" or
        >-"unsubscribe canslim".  Do not use quotes in your email.
        >
        >
        >



        -
        -To subscribe/unsubscribe, email "[e-mail]"
        -In the email body, write "subscribe canslim" or
        -"unsubscribe canslim".  Do not use quotes in your email.


        -
        -To subscribe/unsubscribe, email "[e-mail]"
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- ------=_NextPart_000_0080_01C1F1FE.85CEE300
Content-Type: text/html;
    charset="Windows-1252"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dus-ascii">
<META content=3D"MSHTML 6.00.2715.400" name=3DGENERATOR></HEAD>
<BODY bgColor=3D#ffffff>
<DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002>Hi=20
Richard, </SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D770330603-03052002></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002>Sorry=20
to take up more space on the list revisiting this, but I'll =
have <SPAN=20
class=3D980342403-03052002>a</SPAN>nother go.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D770330603-03052002></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D770330603-03052002> I agree with you that sales growth =
is a=20
measure of accelerating sales<SPAN =
class=3D980342403-03052002>.</SPAN> But=20
accelerating growth of sales is something else again. It implies that =
the rate=20
of change of sales growth is increasing. </SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D770330603-03052002></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D770330603-03052002>Successive quarters of sales growth of 5%, =
10%, 15% =3D=20
constant growth of sales</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002><SPAN=20
class=3D770330603-03052002>Successive quarters of sales growth of 5%, =
10%, 20% =3D=20
accelerating growth of sales</SPAN></SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002><SPAN=20
class=3D770330603-03052002><SPAN class=3D770330603-03052002>Successive =
quarters of=20
sales growth of 5%, 10%, 12% =3D decelerating growth of=20
sales.</SPAN></SPAN></SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002><SPAN=20
class=3D770330603-03052002><SPAN=20
class=3D770330603-03052002></SPAN></SPAN></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D770330603-03052002><SPAN=20
class=3D770330603-03052002><SPAN class=3D770330603-03052002>But I =
certainly agree=20
that physics is no guide to the markets, other than that the =
uncertainty=20
principle is everywhere, and we hope that <SPAN=20
class=3D980342403-03052002>the </SPAN>inverse of what goes up must come =
down=20
applies.</SPAN></SPAN></SPAN></FONT></DIV></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>Aloha,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Mike Gibbons<BR>Proactive Technologies, =

LLC</FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></D=
IV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  [e-mail]=20
  [mailto:[e-mail]]<B>On Behalf Of </B>Richard=20
  Yoder<BR><B>Sent:</B> Thursday, May 02, 2002 4:53 PM<BR><B>To:</B>=20
  [e-mail]<BR><B>Subject:</B> Re: offlist--Re: =
[CANSLIM] Q:=20
  Accelerating growth<BR><BR></FONT></DIV>Mike:=20
  <P>Think of the sales volume as velocity. It is the velocity of intake =
of=20
  money. Sales growth then becomes acceleration. You can differentiate =
this as=20
  many times as you wish to to get rate of acceleration, etc., but =
pretty soon=20
  even physics fails to explain what's happening in the market.=20
  <P>Dick <BR>Mike Gibbons wrote:=20
  <BLOCKQUOTE TYPE=3D"CITE">
    <STYLE></STYLE>
    <SPAN class=3D260144219-02052002><FONT face=3DArial><FONT =
color=3D#0000ff><FONT=20
    size=3D-1>I think you meant</FONT></FONT></FONT></SPAN><SPAN=20
    class=3D260144219-02052002></SPAN><SPAN =
class=3D260144219-02052002><FONT=20
    face=3DArial><FONT color=3D#0000ff><FONT size=3D-1>velocity =3D rate =
of change of=20
    distance + direction</FONT></FONT></FONT></SPAN><SPAN=20
    class=3D260144219-02052002><FONT face=3DArial><FONT =
color=3D#0000ff><FONT=20
    size=3D-1>acceleration =3D rate of change of=20
    velocity</FONT></FONT></FONT></SPAN><SPAN=20
    class=3D260144219-02052002></SPAN><SPAN =
class=3D260144219-02052002><FONT=20
    face=3DArial><FONT color=3D#0000ff><FONT size=3D-1>So, the =
underlying quantity=20
    being measured is sales (equivalent to=20
    distance)</FONT></FONT></FONT></SPAN><SPAN =
class=3D260144219-02052002><FONT=20
    face=3DArial><FONT color=3D#0000ff><FONT size=3D-1>growth in sales =
per quarter is=20
    equivalent to velocity</FONT></FONT></FONT></SPAN><SPAN=20
    class=3D260144219-02052002><FONT face=3DArial><FONT =
color=3D#0000ff><FONT=20
    size=3D-1>rate of change of growth per quarter is acceleration of=20
    growth.</FONT></FONT></FONT></SPAN> <FONT face=3DArial><FONT=20
    size=3D-1>Aloha,</FONT></FONT> <FONT face=3DArial><FONT =
size=3D-1>Mike=20
    Gibbons</FONT></FONT> <BR><FONT face=3DArial><FONT =
size=3D-1>Proactive=20
    Technologies, LLC</FONT></FONT><FONT face=3DArial><FONT size=3D-1><A =

    =
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></F=
ONT>=20
    <BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
      <DIV class=3DOutlookMessageHeader dir=3Dltr><FONT =
face=3DTahoma><FONT=20
      size=3D-1>-----Original Message-----</FONT></FONT> <BR><FONT=20
      face=3DTahoma><FONT size=3D-1><B>From:</B> =
[e-mail]=20
      [<A=20
      =
href=3D"mailto:[e-mail]">mailto:owner-canslim@lis=
ts.xmission.com</A>]<B>On=20
      Behalf Of </B>Katherine Malm</FONT></FONT> <BR><FONT =
face=3DTahoma><FONT=20
      size=3D-1><B>Sent:</B> Thursday, May 02, 2002 9:34 =
AM</FONT></FONT>=20
      <BR><FONT face=3DTahoma><FONT size=3D-1><B>To:</B>=20
      [e-mail]</FONT></FONT> <BR><FONT =
face=3DTahoma><FONT=20
      size=3D-1><B>Subject:</B> offlist--Re: [CANSLIM] Q: Accelerating=20
      growth</FONT></FONT> <BR> </DIV>I might be all wrong here, =
but I=20
      think what you've calculated is velocity rather than=20
      acceleration. Acceleration =3D rate of changeVelocity =3D =
rate of change=20
      of the rate of change + direction Katherine=20
      <BLOCKQUOTE=20
      style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        <DIV style=3D"FONT: 10pt arial">----- Original Message =
- -----</DIV>
        <DIV=20
        style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
        <A title=[e-mail] =
href=3D"mailto:[e-mail]">Mike=20
        Gibbons</A></DIV>
        <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
        title=[e-mail]=20
        =
href=3D"mailto:[e-mail]">[e-mail]</A>=
</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, May 02, =
2002 2:24=20
        PM</DIV>
        <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Q: =
Accelerating=20
        growth</DIV> I've often seen WON and IBD refer to the need =
for=20
        "accelerating growth". <BR>Strictly speaking, that means that =
the *rate=20
        of change* of growth should be <BR>positive.=20
        <P>In yesterday's Investor's Corner they said of PHA, "At the =
time,=20
        earnings <BR>growth was accelerating (8% to 35% to 57%)". So the =
change=20
        in growth was <BR>from 8% to 35% (27%) to 35% to 57% (22%). So =
the *rate=20
        of change* of growth <BR>was 22 - 27 -> -5. That is, growth =
was=20
        decelerating not accelerating=20
        <P>Now as a physics major, I may be too picky, but I believe =
that=20
        language <BR>should be used correctly or it loses its value. It =
seems to=20
        me that what <BR>they mean is "earnings growth was increasing".=20
        <P>In that case the WON rule that says that "sales growth should =
be=20
        <BR>accelerating" needs to be restated to "sales growth should =
be=20
        increasing".=20
        <P>Aloha,=20
        <P>Mike Gibbons <BR>Proactive Technologies, LLC <BR><A=20
        href=3D"http://www.proactech.com">http://www.proactech.com</A> =
<BR> =20
        <P>-----Original Message----- <BR>From: <A=20
        =
href=3D"mailto:[e-mail]">[e-mail]=
sion.com</A>=20
        <BR>[<A=20
        =
href=3D"mailto:[e-mail]">mailto:owner-canslim@lis=
ts.xmission.com</A>]On=20
        Behalf Of Warren Keuffel <BR>Sent: Thursday, May 02, 2002 7:55 =
AM=20
        <BR>To: <A=20
        =
href=3D"mailto:[e-mail]">[e-mail]</A>=
=20
        <BR>Subject: Re: [CANSLIM] IBD's Industry Group and Ticker =
Symbol Index=20
        <BR> =20
        <P>If you intend to pursue a group-oriented strategy, and you =
intend to=20
        use <BR>IBD's 197 industry group tables, the book is =
indispensible=20
        because it's <BR>not always obvious which companies are assigned =
to=20
        which industry <BR>groups. I'm using Vector Vest now, which has =
its own=20
        industry groupings, <BR>so I no longer buy the IBD books.=20
        <P>HTH. <BR>Warren=20
        <P>rolf hertenstein wrote:=20
        <P>>Hello all - <BR>> <BR>>Could anyone who has used =
this guide=20
        in the past <BR>>tell me if they <BR>>indeed found it=20
        useful?  I'll likely wait for the <BR>>next issue due in =
June=20
        <BR>>in any case. <BR>> <BR>>Thanks! <BR>> <BR>> =
Rolf=20
        <BR>> <BR>> <BR>>- <BR>>-To subscribe/unsubscribe, =
email "<A=20
        =
href=3D"mailto:[e-mail]">[e-mail]</A>"=20
        <BR>>-In the email body, write "subscribe canslim" or=20
        <BR>>-"unsubscribe canslim".  Do not use quotes in your =
email.=20
        <BR>> <BR>> <BR>> <BR>  <BR> =20
        <P>- <BR>-To subscribe/unsubscribe, email "<A=20
        =
href=3D"mailto:[e-mail]">[e-mail]</A>" =
<BR>-In=20
        the email body, write "subscribe canslim" or <BR>-"unsubscribe=20
        canslim".  Do not use quotes in your email. <BR> =20
        <P>- <BR>-To subscribe/unsubscribe, email "<A=20
        =
href=3D"mailto:[e-mail]">[e-mail]</A>" =
<BR>-In=20
        the email body, write "subscribe canslim" or <BR>-"unsubscribe=20
        canslim".  Do not use quotes in your=20
    =
email.</P></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HT=
ML>

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

Date: Thu, 2 May 2002 23:28:00 -0400
From: "Tom Worley" <[e-mail]>
Subject: Re: [CANSLIM] SAH

that's one reason I started, and continue, posting my weekend list. Put some
"candidates" in front of smart investors, let them do their homework, and
make their own decisions.

But narrow down the circus of thousands of stocks to a manageable number
that meet some basic criteria suitable for CANSLIM. After that, they are on
their own.

Tom Worley
[e-mail]
AIM: TexWorley
- ----- Original Message -----
From: "J. Lobatto" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 11:19 PM
Subject: Re: [CANSLIM] SAH


I'll second these thoughts. It always puzzles me why in The Weekend Review
section they display graphs of stocks that are overextended.

- ----- Original Message -----
From: "Tom Worley" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 11:04 PM
Subject: Re: [CANSLIM] SAH


> what, we gotta think for ourselves now as well? Actually, I agree, at
least
> in part. I just hate IBD always pretending that they know it all, by using
> charts already weeks or months, or years, old.
>
> I stopped subscribing years ago because, in part, they were not teaching
me
> anything new about handling "TODAY'S" market. I can figure out, today,
real
> well what I should have done three months ago (and most likely did not do
> then). That's easy, try something challenging, like staying fully invested
> in today's market place. And making money at the same time.
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
> ----- Original Message -----
> From: "Ian" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 11:20 PM
> Subject: Re: [CANSLIM] SAH
>
>
> I dunno. I think that would take away some of our advantage.
>
> Ian
>
>
> ----- Original Message -----
> From: Tom Worley <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 7:26 PM
> Subject: Re: [CANSLIM] SAH
>
>
> > IBD has a history of featuring stocks long after they are buyable, and
> > already a proven winner. We have had many discussions here about that,
and
> I
> > suspect most members, as well as most paying subscribers, would like
them
> to
> > feature more on current situations. Show the stocks with good c&h
> formations
> > right now that have fundies (fundamentals) that make them worth watching
> > closely.
> >
> > Point out stocks that are ridiculously overextended, or have no fundies
at
> > all, as possible shorts
> >
> > Point out distribution days as they occur, both on indexes and
individual
> > stocks
> >
> > Tom Worley
> > [e-mail]
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Winston Little" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 10:18 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > Tom:
> >
> > My thinking had been that I was the only one wondering about the
companies
> > selected and somtimes repeated in feature stories a week or two later in
> the
> > paper.
> >
> >
> > ----- Original Message -----
> > From: "Tom Worley" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 9:54 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > > I often wonder where IBD gets its ideas for stocks to feature, would
> like
> > > them to affirmatively disclose if the company is also a client or has
> > other
> > > business relationship.
> > >
> > > What I see at a glance:
> > > stagnant earnings (in cents) 55, 53, 51,  53
> > > stagnant sales (in millions of $) 1626, 1566, 1679, 1605
> > > debt of 99%, but selling this month $130 million of convertible bonds
> > (which
> > > may dilute the present shares)
> > > funds 27%
> > > chart is extended considerably
> > > forecasts are strong, but look very optimistic compared to what the
> > company
> > > has been earning in past 8 qtrs. Add in stagnant results for past 4
> qtrs,
> > > and I am curious how they expect to grow 34% this year.
> > >
> > > Tom Worley
> > > [e-mail]
> > > AIM: TexWorley
> > > ----- Original Message -----
> > > From: "Marty" <[e-mail]>
> > > To: <[e-mail]>
> > > Sent: Thursday, May 02, 2002 8:35 PM
> > > Subject: [CANSLIM] SAH
> > >
> > >
> > > Here one that IBD talked about in their Smart Investor section today.
> SAH
> > > which been on top (high EPS & RS) since Jan of this year. It has a 7
day
> > > base with a break out today but is still %4 off it 52 week high. Would
> pp
> > be
> > > at $38.55?
> > >
> > >
> > >
> > > Here are some main fundies:
> > >
> > > EPS 99
> > >
> > > RS       97
> > >
> > > ROE    17%
> > >
> > > Earnings 1.91            1.69            1.27            .74
> > > (from barchart)
> > >
> > > Group fundamental rating is only at 72
> > >
> > > Group technical rating is at 95
> > >
> > >
> > >
> > > Any thoughts?
> > >
> > >
> > >
> > > Marty
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.


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- -To subscribe/unsubscribe, email "[e-mail]"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

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

Date: Thu, 2 May 2002 22:40:26 -0500
From: "Katherine Malm" <[e-mail]>
Subject: Re: [CANSLIM] SAH

This is a multi-part message in MIME format.

- ------=_NextPart_000_0030_01C1F22A.5AACB220
Content-Type: text/plain;
    charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

Hi Marty,

I'm not sure I'm understanding your question correctly, so will just =
take a stab at a couple of possibilities:

Unsure about interpreting financial information/ratios? =
http://www.investopedia.com/university/fundamentalanalysis/fundamentalana=
lysis1.asp
Unsure about what values are recommended for CANSLIM stocks? =
http://www.investors.com/learn/

Katherine
  ----- Original Message -----=20
  From: Marty=20
  To: [e-mail]=20
  Sent: Thursday, May 02, 2002 10:22 PM
  Subject: Re: [CANSLIM] SAH


  Is there an explanation on how to read the information on that page. =
What to look for min & max. I looked but did see a dummies explanation.

  Thanks
  Marty

- ------=_NextPart_000_0030_01C1F22A.5AACB220
Content-Type: text/html;
    charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Hi Marty,</DIV>
<DIV> </DIV>
<DIV>I'm not sure I'm understanding your question correctly, so will =
just take a=20
stab at a couple of possibilities:</DIV>
<DIV> </DIV>
<DIV>Unsure about interpreting financial information/ratios? <A=20
href=3D"http://www.investopedia.com/university/fundamentalanalysis/fundam=
entalanalysis1.asp">http://www.investopedia.com/university/fundamentalana=
lysis/fundamentalanalysis1.asp</A></DIV>
<DIV>Unsure about what values are recommended for CANSLIM stocks? =
<A=20
href=3D"http://www.investors.com/learn/">http://www.investors.com/learn/<=
/A></DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=[e-mail] =
href=3D"mailto:[e-mail]">Marty</A>=20
  </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=[e-mail]=20
  =
href=3D"mailto:[e-mail]">[e-mail]</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, May 02, 2002 =
10:22=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
SAH</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>Is there an explanation on how to =
read the=20
  information on that page. What to look for min & max. I =
looked=20
  but did see a dummies explanation.</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT> </DIV>
  <DIV><FONT face=3DArial size=3D2>Thanks</FONT></DIV>
  <DIV><FONT face=3DArial =
size=3D2>Marty</FONT></DIV></BLOCKQUOTE></BODY></HTML>

- ------=_NextPart_000_0030_01C1F22A.5AACB220--


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- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

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

Date: Thu, 2 May 2002 23:44:07 -0400
From: "Winston Little" <[e-mail]>
Subject: Re: [CANSLIM] SAH

Tom:
If you focus on small cap, low volume issues, how do you buy in or sell out?

If one buys more than 50 shares you become the market maker.

In the past several days I remember a lot of group discussion about PMFG
(not your selection) which averages 5700 shares per day! Some days it trades
200 shares TOTAL!
My belief is that with issues trading less than 100,000/day there are often
problems trading in or out.

- ----- Original Message -----
From: "Tom Worley" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, May 02, 2002 11:24 PM
Subject: Re: [CANSLIM] SAH


> Hi Marty,
>
> My primary focus is on stocks hitting new highs, works especially well in
a
> lousy market, where money is moving back and forth to such an extent that
> indexes stand still, or decline. I use CBS's marketwatch screening tool to
> get a list of new highs that day, then view the stocks in industry groups
I
> like.
>
> Because I only focus on low priced (under $20) small caps, I can set
filters
> which shorten my list down usually to less than 100 stocks. I am also not
> finding many new candidates, and have done no trades in several weeks
> (partially due lack of time to do my usual routine).
>
> Tom Worley
> [e-mail]
> AIM: TexWorley
> ----- Original Message -----
> From: "Marty" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 11:17 PM
> Subject: Re: [CANSLIM] SAH
>
>
> DGO doesn't have a cwh criteria so how do you find these gems?
>
>
>
> Have you tried any of the following paying sites?
>
>
>
> www.cupwatch.com/
>
> www.cwhcharts.com/
>
>
>
> I figure I should be able to find some of these gems myself instead of
> paying someone else. I have been going to The Official Canslim/ERG Forum
> and getting the IBD A& B list every Friday and searching everyday in IBD
for
> the new companies with a rating of A or B and then scanning through the
> charts for a cwh or long bases. I find this very tedious and a lot of time
> to do and have not come up with much.  I may be missing some graphs due to
> my lack of experience.
>
>
>
> Still new at this and learning so any helpful hints would be appreciated.
>
>
>
> Marty
>
> ----- Original Message -----
> From: "Tom Worley" <[e-mail]>
> To: <[e-mail]>
> Sent: Thursday, May 02, 2002 7:26 PM
> Subject: Re: [CANSLIM] SAH
>
>
> > IBD has a history of featuring stocks long after they are buyable, and
> > already a proven winner. We have had many discussions here about that,
and
> I
> > suspect most members, as well as most paying subscribers, would like
them
> to
> > feature more on current situations. Show the stocks with good c&h
> formations
> > right now that have fundies (fundamentals) that make them worth watching
> > closely.
> >
> > Point out stocks that are ridiculously overextended, or have no fundies
at
> > all, as possible shorts
> >
> > Point out distribution days as they occur, both on indexes and
individual
> > stocks
> >
> > Tom Worley
> > [e-mail]
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Winston Little" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 10:18 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > Tom:
> >
> > My thinking had been that I was the only one wondering about the
companies
> > selected and somtimes repeated in feature stories a week or two later in
> the
> > paper.
> >
> >
> > ----- Original Message -----
> > From: "Tom Worley" <[e-mail]>
> > To: <[e-mail]>
> > Sent: Thursday, May 02, 2002 9:54 PM
> > Subject: Re: [CANSLIM] SAH
> >
> >
> > > I often wonder where IBD gets its ideas for stocks to feature, would
> like
> > > them to affirmatively disclose if the company is also a client or has
> > other
> > > business relationship.
> > >
> > > What I see at a glance:
> > > stagnant earnings (in cents) 55, 53, 51,  53
> > > stagnant sales (in millions of $) 1626, 1566, 1679, 1605
> > > debt of 99%, but selling this month $130 million of convertible bonds
> > (which
> > > may dilute the present shares)
> > > funds 27%
> > > chart is extended considerably
> > > forecasts are strong, but look very optimistic compared to what the
> > company
> > > has been earning in past 8 qtrs. Add in stagnant results for past 4
> qtrs,
> > > and I am curious how they expect to grow 34% this year.
> > >
> > > Tom Worley
> > > [e-mail]
> > > AIM: TexWorley
> > > ----- Original Message -----
> > > From: "Marty" <[e-mail]>
> > > To: <[e-mail]>
> > > Sent: Thursday, May 02, 2002 8:35 PM
> > > Subject: [CANSLIM] SAH
> > >
> > >
> > > Here one that IBD talked about in their Smart Investor section today.
> SAH
> > > which been on top (high EPS & RS) since Jan of this year. It has a 7
day
> > > base with a break out today but is still %4 off it 52 week high. Would
> pp
> > be
> > > at $38.55?
> > >
> > >
> > >
> > > Here are some main fundies:
> > >
> > > EPS 99
> > >
> > > RS       97
> > >
> > > ROE    17%
> > >
> > > Earnings 1.91            1.69            1.27            .74
> > > (from barchart)
> > >
> > > Group fundamental rating is only at 72
> > >
> > > Group technical rating is at 95
> > >
> > >
> > >
> > > Any thoughts?
> > >
> > >
> > >
> > > Marty
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "[e-mail]"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
> >
> >
> > -
> > -To subscribe/unsubscribe, email "[e-mail]"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
>
>
> -
> -To subscribe/unsubscribe, email "[e-mail]"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>


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

End of canslim-digest V2 #2393
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