From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2262 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 Tuesday, April 2 2002 Volume 02 : Number 2262 In this issue: [CANSLIM] Re: BBY Re: [CANSLIM] DFXI Re: [CANSLIM] Worley's Weekend Weeview [CANSLIM] Sending large or non-text files to the canslim group RE: [CANSLIM] - the watch that never happened Re: [CANSLIM] DFXI ---------------------------------------------------------------------- Date: 2 Apr 2002 06:08:20 -0800 From: "Tim Fisher" Subject: [CANSLIM] Re: BBY BBY crashing on earnings. Ha! Looks like sweet revenge for Tom! Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------ Date: 1 Apr 2002 19:08:32 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] DFXI Once again, 20 days to cover is considered "high" short interest by most. Less than a trading week (5 days) is definitely NOT high short interest; it's low to very low on my scale. At 04:36 PM 3/31/2002 -0500, you wrote: >Ian: > > I just want to mention this for what it's worth: A promo market letter >(it wants me to subscribe. It's called the Erlanger Squeeze Play, published >by Michael London) has as its strategy to buy stocks with powerful looking >charts THAT also have a high short interest. His belief is that a stock that >is poised to rise will have a double impetus if it also has a high short >interest (since when it does rise, the shorts will buy back). > > This strategem makes sense to me. So, at least in my universe, the high >short interest is a plus (considering that the chart also looks strong). >However, you make a point that I hadn't considered: On DFXI's rise (from >its nadir to the right lip) the volume was sub-50 day moving average. Now, I >don''t believe WON has said anything definite about the volume on the rise to >the right lip. Is it your experience that a rise to the right lip should be >accompanied by rising volume? If there is not concommitant high volume up >the right side of the cup, then do you believe that MOST C&H's are likely to >fail-even after it breaks-out-when volume up the right side (until you reach >the handle) is lowish? > > Does anyone else have experience concerning volume on the right side of >the cup? > >jans Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------ Date: 2 Apr 2002 06:55:30 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Worley's Weekend Weeview FYI SIDE is under a buyout... At 12:41 PM 3/30/2002 -0500, you wrote: >SIDE - B3+ Tim Fisher Ore-ROCK-On Rockhounding Web Site Owner, Fisher Fisheries, Ltd. mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------ Date: Tue, 02 Apr 2002 08:00:00 -0700 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Sending large or non-text files to the canslim group Everyone, There are times when you may wish to share large or non-text files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject all files over 80K. You can attach files under this threshold to your email posting. While files under this 80K threshold are delivered by the canslim list software, receiving mail servers often reject files over 40K. This means that while your file was delivered by the canslim mail server, many users will not have received it because their mail server rejected it... This does not mean you cannot share large files with the group. Rather, the BEST way to share large files with the group (even those under 80K) is to place the file at an ftp site, and then refer to the link in your canslim posting. This way, the reader can read your posting, click on the link, and instantly see what you are talking about. If you have your own ftp site, feel free to use it. If you do not have access to your own ftp site, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: "ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/". If you don't know how to ftp a file, you can use the ftp instructions at the bottom of this message. 2. After not more than 15 minutes, your file will be available for everyone at the URL of: http://WallStreet-LLC.com/pub/your_file_name where "your_file_name" is the exact name of the file you uploaded. This file name should NOT have spaces or other strange characters. Letter, numbers, and "." are always good, i.e. "canslim_25.gif". 3. Before posting your message to the group, test the URL of your file by copying the web address: http://WallStreet-LLC.com/pub/your_file_name into your browser and seeing if your browser displays the file properly. 4. Finally, send your message to the group describing your file, and be sure to explicity include the URL of your file. Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. If you have any problems with this procedure, feel free to contact me at mcjathan@xmission.com. Best Regards, Jeff Salisbury =========================================================================== Netscape FTP Instructions: 1. Using Netscape, go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. On the Netscape "File" menu, select "Upload File..." This will open a file selection widget on your hard-drive. Select the file you wish to upload and hit the "Ok" button. At this point, your file will be uploaded. 3. Eventhough your file has been uploaded, you will not be able to see the file in your netscape browser. The reason for this is that the "incoming" directory is set to write-only for security reasons. Internet Explorer FTP Instructions: 1. Using "Internet Explorer", go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. Open "Windows Explorer" to browse your local hard-drive. Find the file you want to send. Select the file by clicking once. The right-click and "copy" the file. 3. Go back to the Internet Explorer window. Right-click and "paste" the file. It will be uploaded to the canslim ftp site. - - - -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: Tue, 2 Apr 2002 10:51:51 -0500 From: "Duke Miller" Subject: RE: [CANSLIM] - the watch that never happened This is a multi-part message in MIME format. - ------=_NextPart_000_0009_01C1DA34.68964E40 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit John: I owe you and a few others an apology about the watch that never happened. As a newbie (on this list about six weeks), I suggested the concept, but back-peddled after reading between the lines of submissions from our characteristically polite and politically correct "oldies." I then resurrected it a bit later, but quickly disappeared off the radar screen, due to a hard drive crash that was sort of fatal. I know that's like being "sort of" pregnant, but I had a decent backup dated January 10, 2002 and was able to rescue that data, albeit several months in arrears. So I was sort of dead! Repeating my earlier admonition: Backup. Often. Back online once again as of this week, I'm up to my eyeballs in catching up (along with a couple of unexpected consulting assignments that are distracting me from my real love here). During my cyber-absence, however, I had more time to ponder the issue, and, in sum, I don't think the interest (within this group) is wide enough to pursue the concept. In reviewing the 236 CANSLIM messages that piled up at my ISP waiting for my return, I'm finding that monitoring this discussion and doing quick-takes on mentions is really more helpful in preparing my own list. My feeling is others on the list feel the same way, because we're all different and march to WON's CANSLIM band in our own way. One benefit of the crash (this is CANSLIM related, so read on): Provided the rationale (read: sold my wife) on getting a new Gateway rig. For what it's worth, they had a deal on their flat screen monitor (free 15" one with system). Naturally, I upgraded to the 17" model (for JUST $200 more). Why do I mention this here? In addition to having the same viewing area as a 19" normal (CRT) monitor, the 17" flat LCD monitor's "native resolution" is 1280x1024 pixels. Talk about making CANSLIMMING a breeze. NO MORE SCROLLING, hardly. All this translated: When I pull up a daily IBD chart, I can see from March 7, 2001 to April 5, 2002. One other benefit: It takes up less than 10" of desk space, and just that improved capacity for more clutter on my desk is worth the price of admission!! Good to be back. Duke From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of John Hobbs Sent: Saturday, March 23, 2002 10:38 AM To: canslim@lists.xmission.com Subject: [CANSLIM] - the watch that never happened Hello, Here's a watch list orgininally submitted, the only comment so far is ACAI theoretically sold, i am using daily prices to sell, not any kind of stock order so my target sell point -8% probably can not be met. As a reminder, there was discussion about submitting a list for tracking, and the appeal varied so it never took off, but anyway this is the list i screened from Feb 22. Lessons learned: ACAI has high institutional ownership, did not pass CANSLIM test for this. IBD Ratings 80 (EPS), 73 (RS), B (SMR), B (Acc/Dis). i am just kinda fumbling along here, so any comments welcome. 28 days Sold 3/20 $25.41 -11.46% ACAI 0.80% ATH 37.21% BYD -5.00% DMCX 12.15% FCH 11.13% GCO 10.21% IAIA 11.37% INVN 2.15% ITLA 4.33% MBG 27.79% MGAM 5.78% MKT -0.57% MME 4.57% PORT 1.15% RAH 9.65% RKY -4.71% SCVL 0.51% WEBK Gain 6.50% - ------=_NextPart_000_0009_01C1DA34.68964E40 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
John:
 
I owe you and a = few others=20 an apology about the watch that never happened.  As a newbie (on = this list=20 about six weeks),  I suggested the concept, but back-peddled after = reading=20 between the lines of submissions from our characteristically polite and=20 politically correct "oldies."  I then resurrected it = a bit=20 later, but quickly disappeared off the radar = screen, due to a hard drive crash = that was=20 sort of fatal.  I know that's like being "sort of" pregnant, = but I had=20 a decent backup dated January 10, 2002 and was able to rescue that data, = albeit=20 several months in arrears.  So I was sort of dead!  Repeating = my=20 earlier admonition:  Backup.  Often.
 
Back online = once again as=20 of this week, I'm up to my eyeballs in catching up (along with a couple = of=20 unexpected consulting assignments that are distracting me from my real = love=20 here).
 
During my = cyber-absence,=20 however, I had more time to ponder the issue, and, in sum, I don't = think=20 the interest (within this group) is wide enough to pursue the=20 concept.  In reviewing the 236 CANSLIM messages that piled up = at my=20 ISP waiting for my return, I'm finding that monitoring this discussion = and doing=20 quick-takes on mentions is really more helpful in preparing my own = list. =20 My feeling is others on the list feel the same way, because we're all = different=20 and march to WON's CANSLIM band in our own way.
 
One benefit of = the crash=20 (this is CANSLIM related, so read on):  
 
Provided the rationale=20 (read: sold my wife) on getting a new Gateway rig.  For what = it's=20 worth, they had a deal on their flat screen monitor (free 15" one with=20 system).  Naturally, I upgraded to the 17" model (for JUST $200=20 more).  Why do I mention this here?  In addition to = having the=20 same viewing area as a 19" normal (CRT) monitor, the 17" flat LCD = monitor's=20 "native resolution" is 1280x1024 pixels.  Talk about making = CANSLIMMING a=20 breeze.  NO MORE SCROLLING, hardly. 
 
All this = translated: =20 When I pull up a daily IBD chart, I can see from March 7, 2001 to April = 5,=20 2002.  One other benefit:  It takes up less than 10" of desk = space,=20 and just that improved capacity for more clutter on my desk is worth the = price=20 of admission!!
 
Good to be=20 back.
 
Duke
 
 From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On=20 Behalf Of John Hobbs
Sent: Saturday, March 23, 2002 10:38=20 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] = - - the=20 watch that never happened

Hello,
 
Here's a watch list orgininally = submitted, the=20 only comment so far is ACAI theoretically sold, i am using daily = prices to=20 sell, not any kind of stock order so my target sell point -8% probably = can not=20 be met.
 
As a reminder, there was discussion = about=20 submitting a list for tracking, and the appeal varied so it never took = off,=20 but anyway this is the list i screened from Feb 22.
 
Lessons learned:
 
ACAI has high institutional = ownership, did not=20 pass CANSLIM test for this. IBD Ratings 80 (EPS), 73 (RS), B (SMR), B=20 (Acc/Dis).
 
i am just kinda fumbling along here, = so any=20 comments welcome.
 
 
28 = days Sold 3/20 ACAI ATH BYD DMCX FCH GCO IAIA INVN ITLA MBG MGAM MKT MME PORT RAH RKY SCVL WEBK Gain
$25.41 -11.46%
0.80%
37.21%
-5.00%
12.15%
11.13%
10.21%
11.37%
2.15%
4.33%
27.79%
5.78%
-0.57%
4.57%
1.15%
9.65%
-4.71%
0.51%
6.50%
<= /HTML> - ------=_NextPart_000_0009_01C1DA34.68964E40-- - - - -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: Tue, 2 Apr 2002 11:05:54 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] DFXI RW: Just a quick reply: Katherine E-mailed us a Barron's article (April 1; it's called: Accounting Know-How. BTW-A very nice article. Thanks, Katherine.) which said, in part, that high receivables could indicate that the company is selling its product, but does not mean that it is actually earning any cash. Cash-Flow should be checked to see if the receivable are being paid. Also, one would want to check on Receivables Turnover (In the article, the Columbia Accounting Professor says, "To calculate this number, divide revenues by receivables, and multiply the result by the number of days in a quarter. Then compare that results with the company's, and competitors' historic trends. If days' sales outstanding increase significantly, the company may be pushing products or services on customers who can't pay, or don't want the goods, which is what Sunbeam did several years ago. Companies that "stuff" their customers' inventories in such fashion have a tough time in future quarters."). As far as inventory is concerned: An increase in inventory could mean that sales are brisk. It also could mean that sales are not brisk, but rather are hoped by the company to be brisk. A rise in inventory (without a rise in Sales) could suggest that the company is using its cash resources inefficently. Or it could also suggest that the company's is not selling its product as fast as it would like. Also (although you didn't ask for one), I'll give you a friendly tip): Saying one doesn't know is one thing; but saying that one is too busy to fool around with "financials" is another, and I believe implies that the time of others who answer your question is unimportant to them. jans In a message dated 4/1/2002 11:53:39 PM Eastern Standard Time, RWElmer@aol.com writes: << This is a general message regarding DFXI. There was something else that bothered me when I first bought DFXI, but obviously not enought to stop me from pulling the trigger =0) I went back and looked over the numbers and what troubled me before popped out again, on the Quarterly Balance Sheet. I'm looking on the MSN Financials and I see that Receivables and Inventory took a dramatic turn up form the 6/01 Qtr to 9/01 Qtr. Inventory was up over 70% and Receivables had more than tripled!!! I didn't know if this had to do with absorbing some Stairmaster accounts, or something similar, but thought I'd mention it in the event someone else found the subject interesting enough to take up. I'm not well versed in accounting and am too busy to get that deep into the Financials. Would be interested in any thoughts on the subject though. Best, Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.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 #2262 ****************************** 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.