From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1644 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Thursday, September 6 2001 Volume 02 : Number 1644 In this issue: [CANSLIM] POSS (Non-CANSLIM) Re: [CANSLIM] POSS (Non-CANSLIM) RE: [CANSLIM] Acc/Dis Nmubers Re: [CANSLIM] POSS (Non-CANSLIM) [CANSLIM] distribution/accumulation Re: [CANSLIM] POSS (Non-CANSLIM) Re: [CANSLIM] distribution/accumulation Re: [CANSLIM] distribution/accumulation ---------------------------------------------------------------------- Date: Wed, 05 Sep 2001 00:56:03 -0700 From: Harvey Brion Subject: [CANSLIM] POSS (Non-CANSLIM) Interested in your take on this one, Tom. Doesn't meet CANSLIM criteria for EPS and SMR, but has been working itself out of negative earnings gradually since '98, just crossing zero, expected positive earnings for FY02. Relatively small cap, sales accelerating. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 5 Sep 2001 07:14:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] POSS (Non-CANSLIM) This is a multi-part message in MIME format. - ------=_NextPart_000_0035_01C135DA.74C51420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have a limit in to buy for my VR fund at 13.20. Needless to say, it = didn't fill yesterday. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Harvey Brion=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, September 05, 2001 3:56 AM Subject: [CANSLIM] POSS (Non-CANSLIM) Interested in your take on this one, Tom. Doesn't meet CANSLIM = criteria for EPS and SMR, but has been working itself out of negative earnings gradually since '98, just crossing zero, expected positive earnings = for FY02. Relatively small cap, sales accelerating. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0035_01C135DA.74C51420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have a limit in to buy for my VR fund at 13.20. = Needless to=20 say, it didn't fill yesterday.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Harvey = Brion
To: canslim@lists.xmission.com =
Sent: Wednesday, September 05, = 2001 3:56=20 AM
Subject: [CANSLIM] POSS=20 (Non-CANSLIM)

Interested in your take on this one, Tom.  Doesn't = meet=20 CANSLIM criteria
for EPS and SMR, but has been working itself out = of=20 negative earnings
gradually since '98, just crossing zero, expected = positive earnings for
FY02.  Relatively small cap, sales=20 accelerating.


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0035_01C135DA.74C51420-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 05 Sep 2001 07:39:46 -0700 From: Neal Frankle Subject: RE: [CANSLIM] Acc/Dis Nmubers Can you explain how I can interpret this table? Thanks, Neal - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Robert Sent: Tuesday, September 04, 2001 7:54 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Acc/Dis Nmubers Hello everyone, here are the latest Acc/Dis numbers and they don't look good!! spread sheet version: Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 8/21/01,769,2296,1213,919,376,55%,7%,Market in correction 8/22/01,792,2270,1195,940,377,55%,7%,Market in correction 8/23/01,781,2246,1175,979,379,54%,7%,Market in correction 8/24/01,805,2265,1176,957,368,55%,7%,Market in correction 8/27/01,789,2253,1191,952,380,55%,7%,Market in correction 8/28/01,761,2343,1206,919,350,56%,6%,Market in correction 8/29/01,724,2335,1238,915,365,55%,7%,Market in correction 8/30/01,667,2317,1242,968,379,54%,7%,Market in correction 8/31/01,647,2277,1244,1000,392,53%,7%,Market in correction 9/4/01,601,2208,1265,1023,453,51%,8%,Market in correction Robert - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 05 Sep 2001 08:53:17 -0600 From: esetser Subject: Re: [CANSLIM] POSS (Non-CANSLIM) This was posted as Non-CANSLIM, but still, that was an interesting answer, Tom. If you didn't have an order in on this one, I suspect you would have pointed out many weakness! I see: Long term growth, er, losses are significant. No base, none, working stairsteps. Finally made one penny earnings last quarter. Expected to make 0 cents next quarter. SMR rating is a D. EPS rating is a 40, ouch! DGO shows 4 stocks in the group with far superior EPS ranks and great RS. Why would you even consider this one (from a CANSLIM perspective of course)? At 07:14 AM 9/5/01 -0400, you wrote: > I have a limit in to buy for my VR fund at 13.20. Needless to say, it >didn't fill yesterday. Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: Harvey Brion To: >canslim@lists.xmission.com Sent: Wednesday, September 05, 2001 3:56 >AM Subject: [CANSLIM] POSS (Non-CANSLIM) > Doesn't meet CANSLIM criteria >for EPS and SMR, but has been working itself out of negative earnings >gradually since '98, just crossing zero, expected positive earnings for > Relatively small cap, sales accelerating. > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or > Do not use quotes in your email. > > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 5 Sep 2001 21:22:34 -0600 From: "rolf hertenstein" Subject: [CANSLIM] distribution/accumulation So today we have DOW up on higher volume and NASD down on higher volume. Are folks counting this as an accumulation or distribution day? I guess I'd need to look at % change on each. This is an academic question since the rest of the market (advance/ decline, new highs vs. lows) as reported by NBR didn't look pretty. Rolf - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 5 Sep 2001 23:24:53 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] POSS (Non-CANSLIM) This is a multi-part message in MIME format. - ------=_NextPart_000_001E_01C13661.F784FCE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Fair question, but before I answer, I must emphasize that it was posted = as non-CANSLIM, and my answer was that I was trying to buy it in my VR = fund, not for real. While my funds generally adheres to my sense of = CANSLIM, unlike my IRA it will buy stocks with much looser standards. Look below for further specific comments. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, September 05, 2001 10:53 AM Subject: Re: [CANSLIM] POSS (Non-CANSLIM) This was posted as Non-CANSLIM, but still, that was an interesting = answer, Tom. If you didn't have an order in on this one, I suspect you would = have pointed out many weakness! I see: Long term growth, er, losses are significant. However the trend is = positive. Since 1998, losses have been declining, last quarter (3rd), = they turned a slight profit, and while they only need a breakeven in Q4 = which has already ended in July to meet forecasts, that would be = compared to a 16 cent loss last Q4. And for 2002, they are forecasted to = earn a net of 24 cents. That will be a big improvement over the = estimated loss of 23 cents in 2001. No base, none, working stairsteps. don't know what chart you are = looking at, but I see this. From 8/3 to 8/30, the stock held a very = tight flat line base despite the deterioration in NASDAQ. Volume = declined during the period except for high positive volume 8/28, and the = breakout on 8/31 on 3X ADV. Finally made one penny earnings last quarter. Expected to make 0 = cents next quarter. see above SMR rating is a D. as I just posted yesterday or day before, I don't = use SMR, nor agree with only considering the prior three quarters EPS rating is a 40, ouch! true, and watch it ratchet up fast if they = do earn 24 cents this year. at least they are expected to earn = something, far better than most dot coms did, and they enjoyed quasi = CANSLIM treatment for a short while in their short life. DGO shows 4 stocks in the group with far superior EPS ranks and great = RS. don't know what 4 you mean, I only see two ranked higher (MEDM and = IART). Both have ugly charts, and IART is well outside my price = considerations. Why would you even consider this one (from a CANSLIM perspective of = course)? I didn't consider it purely from a CANSLIM perspective, yet it = does have a lot of CS qualities and potential for someone like myself = that looks only for small and micro caps stocks priced cheaply. At 07:14 AM 9/5/01 -0400, you wrote: > I have a limit in to buy for my VR fund at 13.20. Needless to = say, it >didn't fill yesterday. Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: Harvey Brion To: >canslim@lists.xmission.com Sent: Wednesday, September 05, 2001 = 3:56 =20 >AM Subject: [CANSLIM] POSS (Non-CANSLIM) =20 > Doesn't meet CANSLIM criteria >for EPS and SMR, but has been working itself out of negative = earnings >gradually since '98, just crossing zero, expected positive = earnings for > Relatively small cap, sales accelerating. > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or > Do not use quotes in your email. > >=20 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_001E_01C13661.F784FCE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Fair question, but before I answer, I must emphasize = that it=20 was posted as non-CANSLIM, and my answer was that I was trying to buy it = in my=20 VR fund, not for real. While my funds generally adheres to my sense of = CANSLIM,=20 unlike my IRA it will buy stocks with much looser = standards.
 
Look below for further specific = comments.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 esetser
To: canslim@lists.xmission.com =
Sent: Wednesday, September 05, = 2001 10:53=20 AM
Subject: Re: [CANSLIM] POSS=20 (Non-CANSLIM)

This was posted as Non-CANSLIM, but still, that was an = interesting=20 answer,
Tom.  If you didn't have an order in on this one, I = suspect=20 you would have
pointed out many weakness!  I see:

Long = term=20 growth, er, losses are significant.  However the=20 trend is positive. Since 1998, losses have been declining, last = quarter (3rd),=20 they turned a slight profit, and while they only need a breakeven in = Q4 which=20 has already ended in July to meet forecasts, that would be compared to = a 16=20 cent loss last Q4. And for 2002, they are forecasted to earn a net of = 24=20 cents. That will be a big improvement over the estimated loss of 23 = cents in=20 2001.

No base, none, working stairsteps. don't know=20 what chart you are looking at, but I see this. From 8/3 to 8/30, the = stock=20 held a very tight flat line base despite the deterioration in NASDAQ. = Volume=20 declined during the period except for high positive volume 8/28, and = the=20 breakout on 8/31 on 3X ADV.

Finally made one penny earnings last quarter.  Expected = to make=20 0 cents
next quarter. see above

SMR rating is a D. as I just posted = yesterday or=20 day before, I don't use SMR, nor agree with only considering the prior = three=20 quarters

EPS rating is a 40, ouch! true, and = watch it=20 ratchet up fast if they do earn 24 cents this year. at least they are = expected=20 to earn something, far better than most dot coms did, and they enjoyed = quasi=20 CANSLIM treatment for a short while in their short life.

DGO shows 4 stocks in the group with far superior EPS ranks = and great=20 RS. don't know what 4 you mean, I only = see two ranked=20 higher (MEDM and IART). Both have ugly charts, and IART is well = outside my=20 price considerations.

Why would you even consider this one (from a CANSLIM = perspective of=20 course)? I didn't consider it purely from a = CANSLIM=20 perspective, yet it does have a lot of CS qualities and potential for = someone=20 like myself that looks only for small and micro caps stocks priced=20 cheaply.



At 07:14 AM 9/5/01 -0400, you=20 wrote:
>   I have a limit in to buy for my VR fund at = 13.20.=20 Needless to  say, it
>didn't fill yesterday.   = Tom=20 Worley
>stkguru@netside.net
>AIM:&n= bsp;=20 TexWorley
>    ----- Original Message=20 -----    From:    Harvey = Brion   =20 To:
>canslim@lists.xmission.com=    =20 Sent: Wednesday, September 05, 2001 3:56   =
>AM  =20 Subject: [CANSLIM] POSS    (Non-CANSLIM)  =20
>  Doesn't meet    CANSLIM = criteria
>for EPS=20 and SMR, but has been working itself out of    negative = earnings
>gradually since '98, just crossing zero,=20 expected    positive earnings for
>  = Relatively=20 small cap, sales   =20 accelerating.
>
>
>-
>-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
>= ;-In=20 the    email body, write "subscribe canslim" = or
> =20 Do    not use quotes in your email.
>
>=20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_001E_01C13661.F784FCE0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 5 Sep 2001 23:26:49 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] distribution/accumulation This is a multi-part message in MIME format. - ------=_NextPart_000_0027_01C13662.3CE32AA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I consider today as nothing more interesting than evidence of more = uncertainty, hesitation, and bearishness. All of which I consider as = positive signs longer term. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: rolf hertenstein=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, September 05, 2001 11:22 PM Subject: [CANSLIM] distribution/accumulation So today we have DOW up on higher volume and NASD down=20 on higher volume. Are folks counting this as an accumulation or distribution day? I guess I'd need to look at % change on each. This is an academic question since the rest of the market (advance/ decline, new highs vs. lows) as reported by NBR didn't look pretty. Rolf - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0027_01C13662.3CE32AA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I consider today as nothing more interesting than = evidence of=20 more uncertainty, hesitation, and bearishness. All of which I consider = as=20 positive signs longer term.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 rolf=20 hertenstein
To: canslim@lists.xmission.com =
Sent: Wednesday, September 05, = 2001 11:22=20 PM
Subject: [CANSLIM]=20 distribution/accumulation

So today we have DOW up on higher volume and NASD down =
on=20 higher volume.  Are folks counting this as an accumulation=20 or
distribution day?  I guess I'd need to look at % change on=20 each.
This is an academic question since the rest of the market=20 (advance/
decline, new highs vs. lows) as reported by NBR didn't = look=20 pretty.

 Rolf


-
-To subscribe/unsubscribe, = email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0027_01C13662.3CE32AA0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 6 Sep 2001 07:55:09 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] distribution/accumulation When a change in direction starts, some indicators will be going counter to others. It takes time to get the whole herd moving in the same direction. I am watching, and waiting... watching, and waiting... watching, and waiting... watching, and waiting... Kent - --- rolf hertenstein wrote: > So today we have DOW up on higher volume and NASD > down > on higher volume. Are folks counting this as an > accumulation or > distribution day? I guess I'd need to look at % > change on each. > This is an academic question since the rest of the > market (advance/ > decline, new highs vs. lows) as reported by NBR > didn't look pretty. > > Rolf > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Get email alerts & NEW webcam video instant messaging with Yahoo! Messenger http://im.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1644 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.