From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2522 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 Wednesday, June 26 2002 Volume 02 : Number 2522 In this issue: RE: Red Flag FAQ Formerly: [CANSLIM] WCOM restatement Fw: DVD's (was [CANSLIM] WCOM restatement) Re: DVD's (was [CANSLIM] WCOM restatement) ---------------------------------------------------------------------- Date: Wed, 26 Jun 2002 11:24:34 -0500 From: jch Subject: RE: Red Flag FAQ Formerly: [CANSLIM] WCOM restatement - --=======1CBD3459======= Content-Type: multipart/alternative; x-avg-checked=avg-ok-1AB42B13; boundary="=====================_50221250==_.ALT" - --=====================_50221250==_.ALT Content-Type: text/plain; x-avg-checked=avg-ok-1AB42B13; charset=us-ascii; format=flowed Content-Transfer-Encoding: 8bit Have long felt intuitively some measure of corrupt behavior would be bell ringer signalling a secular change in a market's direction--witness decline since 1989 of Japanese market preceeded by Recruit-Cosmos stocks for favors bribery scandal causing Prime Minister plus his successor's resignations along with Cabinet Ministers, House of Rep members & top execs at other corps.. Go to following link for recent WSJ in depth analysis of our undiscovered inventory of embezzlement: http://pages.stern.nyu.edu/~mwu1/Media/020620WSJ.htm Within that article there may be a "slimeball" measurement --see Min Wu of NYU's chart..Unfortunately our bell ringing arrives two years after the secular top of March 2000..By the way this is my maiden speech in this venue--My name is John Heiman--semi-retired in St Louis having fired myself June of 1999 by selling my electrical distribution biz--partially because I was distressed at dishonest behavior unfolding daily..I spend some time now as a contributing editor at an esoteric industry publication-a recent Dec 01 article discussed fraud theft,etc. So I'm very sensitive to corrupt behavior & it's economic impact..Don't know if any corruption/greed measures can predict M's future however jch >Well said. Unfortunately, and this isn't the first time this thought >has been expressed, this and the future ones hiding in the woodwork, >could very well spell the doom of the American stock market as we know >it today. A radio columnist (Democracy Now) just yesterday was >ruminating over the impact on the markets if (when) foreign stockholders >decide to take their money and run...away from "America's painfully >corrupt financial markets." > >I have a suggestion (NOT my usual tongue in cheek, friends) for a group >project...a public service to all of us CAN SLIMers. What if we create >a FAQ on how to avoid these slime balls? > >Should we start with Andersen Consulting's client(former) list. I tried >their website; no luck. > >Then how about a list of tips on what to look for in SEC filings to >ferret out red flags. > >Duke > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com] On Behalf Of Kent Norman >Sent: Wednesday, June 26, 2002 8:13 AM >To: canslim@lists.xmission.com >Subject: RE: [CANSLIM] WCOM restatement > > >The answer is: > >The same childish, short-sighted, immediate satisfaction that blinds >them to the possibility that there is a tomorrow... They run the >business like they live their life. All today and no tomorrow. > >Kent Norman > >--- "Cefaloni, John L Jr. [AMSTA-AR-WEA]" >wrote: > > Well said, Tom. What is it that makes people do things for temporary > > gain when they know they'll probably get slammed for it in the future? > > > > I guess it's just greed, stupidity and arrogance. > > > > -----Original Message----- > > From: Tom Worley [mailto:stkguru@bellsouth.net] > > Sent: Wednesday, June 26, 2002 12:53 AM > > To: CANSLIM > > Subject: [CANSLIM] WCOM restatement > > > > > > once again, Andersen strikes again, this time by signing off on > > Worldcom hiding over $3 billion in expenses as capital expenditures, > > and thus inflating cash flow. Restatement expected to take away last > > five quarters of > > profits and turn them into losses. > > > > Who gave this sanction to a deviation from GAAP (Generally Accepted > > Accounting Principles)?? Andersen, of course. It's clear that Enron > > was only the tip of the iceberg, as if Waste Management, Sunbeam, and > > a host of other > > companies were not sufficient warning of major problems in corporate > > policy > > and infrastructure. Sad to see a great name like Andersen prostituted > > to > > selling its certification services for any price, but also clear that > > it > > must disappear from corporate America. And until every major company > > audited > > by Andersen undergoes a special review by the SEC on accounting > > practices, I > > doubt anyone will believe that we have finally seen it all. > > > > Tom Worley > > stkguru@bellsouth.net > > AIM: TexWorley > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or -"unsubscribe > > canslim". 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. > > >===== >Opportunities always look bigger going than coming. > >__________________________________________________ >Do You Yahoo!? >Yahoo! - Official partner of 2002 FIFA World Cup >http://fifaworldcup.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. > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. > > >--- >Incoming mail is certified Virus Free. >Checked by AVG anti-virus system (http://www.grisoft.com). >Version: 6.0.372 / Virus Database: 207 - Release Date: 6/20/2002 - --=====================_50221250==_.ALT Content-Type: text/html; x-avg-checked=avg-ok-1AB42B13; charset=us-ascii Content-Transfer-Encoding: 8bit Have long felt intuitively some measure of corrupt behavior would be bell ringer signalling a secular change in a market's direction--witness decline since 1989 of Japanese market preceeded by Recruit-Cosmos stocks for favors bribery scandal causing Prime Minister plus his successor's  resignations along with Cabinet Ministers, House of Rep members & top execs at other corps..
Go to following link for recent WSJ in depth analysis of our undiscovered inventory of embezzlement:  http://pages.stern.nyu.edu/~mwu1/Media/020620WSJ.htm
  Within that article there may be a "slimeball" measurement --see Min Wu of NYU's chart..Unfortunately our bell ringing arrives two years after the secular top of March 2000..By the way this is my maiden speech in this venue--My name is John Heiman--semi-retired in St Louis having fired myself June of 1999 by selling my electrical distribution biz--partially because I was distressed at dishonest behavior unfolding daily..I spend some time now as a contributing editor at an esoteric industry publication-a recent Dec 01 article discussed fraud theft,etc. So I'm very sensitive to corrupt behavior & it's economic impact..Don't know if any corruption/greed measures can predict M's future however
jch

Well said.  Unfortunately, and this isn't the first time this thought
has been expressed, this and the future ones hiding in the woodwork,
could very well spell the doom of the American stock market as we know
it today.  A radio columnist (Democracy Now) just yesterday was
ruminating over the impact on the markets if (when) foreign stockholders
decide to take their money and run...away from "America's painfully
corrupt financial markets."

I have a suggestion (NOT my usual tongue in cheek, friends) for a group
project...a public service to all of us CAN SLIMers.  What if we create
a FAQ on how to avoid these slime balls? 

Should we start with Andersen Consulting's client(former) list.  I tried
their website; no luck. 

Then how about a list of tips on what to look for in SEC filings to
ferret out red flags.

Duke

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Kent Norman
Sent: Wednesday, June 26, 2002 8:13 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] WCOM restatement


The answer is:

The same childish, short-sighted, immediate satisfaction that blinds
them to the possibility that there is a tomorrow... They run the
business like they live their life. All today and no tomorrow.

Kent Norman

- --- "Cefaloni, John L Jr. [AMSTA-AR-WEA]" <john.cefaloni@us.army.mil>
wrote:
> Well said, Tom.  What is it that makes people do things for temporary
> gain when they know they'll probably get slammed for it in the future?
>
> I guess it's just greed, stupidity and arrogance.
>
> -----Original Message-----
> From: Tom Worley [mailto:stkguru@bellsouth.net]
> Sent: Wednesday, June 26, 2002 12:53 AM
> To: CANSLIM
> Subject: [CANSLIM] WCOM restatement
>
>
> once again, Andersen strikes again, this time by signing off on
> Worldcom hiding over $3 billion in expenses as capital expenditures,
> and thus inflating cash flow. Restatement expected to take away last
> five quarters of
> profits and turn them into losses.
>
> Who gave this sanction to a deviation from GAAP (Generally Accepted
> Accounting Principles)?? Andersen, of course. It's clear that Enron
> was only the tip of the iceberg, as if Waste Management, Sunbeam, and
> a host of other
> companies were not sufficient warning of major problems in corporate
> policy
> and infrastructure. Sad to see a great name like Andersen prostituted
> to
> selling its certification services for any price, but also clear that
> it
> must disappear from corporate America. And until every major company
> audited
> by Andersen undergoes a special review by the SEC on accounting
> practices, I
> doubt anyone will believe that we have finally seen it all.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
>
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or - -"unsubscribe
> canslim".  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.


=====
Opportunities always look bigger going than coming.

__________________________________________________
Do You Yahoo!?
Yahoo! - Official partner of 2002 FIFA World Cup
http://fifaworldcup.yahoo.com

- -
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- -In the email body, write "subscribe canslim" or
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- ---
Incoming mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.372 / Virus Database: 207 - Release Date: 6/20/2002
- --=====================_50221250==_.ALT-- - --=======1CBD3459======= Content-Type: text/plain; charset=us-ascii; x-avg=cert; x-avg-checked=avg-ok-1AB42B13 Content-Disposition: inline - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.372 / Virus Database: 207 - Release Date: 6/20/2002 - --=======1CBD3459=======-- - - - -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, 26 Jun 2002 11:29:55 -0500 From: "Katherine Malm" Subject: Fw: DVD's (was [CANSLIM] WCOM restatement) This is a multi-part message in MIME format. - ------=_NextPart_000_0147_01C21D04.CB859840 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable For starters: - -DVD distributors such as DISK, HDL etc - -Retailers such as AMZN, BBY etc - -Hardware---runs the gamut from gaming hardware (Nintendo, XBox, etc), = to video chips to handle the increased graphics requirements, to -DVD = players (Samsung, Matsushita), to chips (INTC and some specialty chip = makers), to DVD drive makers, etc. - -Software, such as NAVR and ROXI etc. - -Hardware components distributors such as TECD, IM, Games Makers who = will beef up games offereings given the extra content capabilities of = DVD based games, etc. - -etc - -etc Katherine ----- Original Message -----=20 From: Kelly Short=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, June 26, 2002 10:50 AM Subject: RE: [CANSLIM] WCOM restatement Katherine- I think you recapped the past three weeks worth of conversations- = we're all bored! So let me pose this question to the group: DVD's. Who = makes money off DVD's?=20 - -------------------------------------------------------------------------= - ----- - ------=_NextPart_000_0147_01C21D04.CB859840 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

For starters:
 
-DVD distributors such as DISK, HDL etc
-Retailers such as AMZN, BBY etc
-Hardware---runs the gamut from gaming hardware (Nintendo, XBox, = etc), to=20 video chips to handle the increased graphics requirements, to -DVD = players=20 (Samsung, Matsushita), to chips (INTC and some specialty chip makers), = to DVD=20 drive makers, etc.
-Software, such as NAVR and ROXI etc.
-Hardware components distributors such as TECD, IM, Games Makers = who will=20 beef up games offereings given the extra content capabilities of DVD = based=20 games, etc.
-etc
-etc
 
Katherine
----- Original Message -----
From:=20 Kelly=20 Short
Sent: Wednesday, June 26, 2002 = 10:50=20 AM
Subject: RE: [CANSLIM] WCOM=20 restatement

Katherine-
 
I=20 think you recapped the past three weeks worth of conversations- we're = all=20 bored! So let me pose this question to the group: DVD's. Who makes = money off=20 DVD's?

- ------=_NextPart_000_0147_01C21D04.CB859840-- - - - -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, 26 Jun 2002 11:27:20 -0500 From: "Katherine Malm" Subject: Re: DVD's (was [CANSLIM] WCOM restatement) This is a multi-part message in MIME format. - ------=_NextPart_000_0135_01C21D04.6F3341A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable For starters: - -DVD distributors such as DISK, HDL etc - -Retailers such as AMZN, BBY etc - -Hardware---runs the gamut from gaming hardware (Nintendo, XBox, etc), = to video chips to handle the increased graphics requirements, to -DVD = players (Samsung, Matsushita), to chips (INTC and some specialty chip = makers), to DVD drive makers, etc. - -Software, such as NAVR and ROXI etc. - -Hardware components distributors such as TECD, IM, Games Makers who = will beef up games offereings given the extra content capabilities of = DVD based games, etc. - -etc - -etc Katherine ----- Original Message -----=20 From: Kelly Short=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, June 26, 2002 10:50 AM Subject: RE: [CANSLIM] WCOM restatement Katherine- I think you recapped the past three weeks worth of conversations- = we're all bored! So let me pose this question to the group: DVD's. Who = makes money off DVD's?=20 -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Wednesday, June 26, 2002 10:40 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] WCOM restatement Hi Kelly, The '87 crash was considerably different....far more an event than a = process as is the current Bear which is undoing the excesses of the late = '90's. At that time, cocktail conversations rarely included talk of = stocks, but on Black Monday...people who didn't even know what the stock = market was all about were gathered around the TV at lunch time. In = retrospect, the Fed's quick intervention and the adjustments to program = trading guidelines made this a blip on the bull market screen, so the = "throwing in the towel" talk was far more short-lived than now. Most = folks investing these days know little of what creates value and = perceived value in the stock market. Even fewer are students of market = history. But I'd bet the same conversations could be heard in the 30's = and the 60's. Sometimes the best way to *really* learn it is to live it. Besides, we're bored to tears..... :)) But I *am* enjoying the time = off to pursue summer reading...throw away novels of little consequence, = mindless fluff ....ah, what a pleasure! Katherine ----- Original Message -----=20 From: Kelly Short=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, June 26, 2002 10:25 AM Subject: RE: [CANSLIM] WCOM restatement If I were new to this earth and had just learned what the US stock = market was by reading the comments shared this morning post-Worldcom I'd = think the stock market was going bye-bye. I'll admit- I'm still wet = behind the ears when it comes to investing experience but I can't for a = minute believe that the same types of comments weren't passed around = (albeit pre-Internet, shiver) regarding the 1987 crash. Can anyone = remember back that far? I am correct and memory short? Or this truly = "new"? Sorry folks- I was in the sixth grade in 1987. Kelly P.S. - thanks for the "Wall Street" quotes- it's the most used DVD = I own! -----Original Message----- From: Cefaloni, John L Jr. [AMSTA-AR-WEA] [mailto:john.cefaloni@us.army.mil] Sent: Wednesday, June 26, 2002 10:18 AM To: 'canslim@lists.xmission.com' Subject: RE: [CANSLIM] WCOM restatement At the risk of being corny, I thought I'd dig up some quotes from = the movie "Wall Street" (because Hollywood tells us everything we need to = know about life ;-) "The main thing about money, Bud, is that it makes you do things = you don't want to do." "Stop going for the easy buck and start producing something with = your life. Create, instead of living off the buying and selling of others."=20 "Stick to the fundamentals. That's how IBM and Hilton were = built." "There are no shotcuts. Quick-buck artists come and go with every = bull market, but the steady players make it through the bear markets." "You're on a roll, kid. Enjoy it while it lasts, becuase it never = does." and, of course... "Man looks in the abyss, there's nothing staring back at him. At = that moment, man finds his character. And that is what keeps him out of = the abyss." Of course, the movie is packed with many more "bullish" quotes, = but those will have to wait for another day. -----Original Message----- From: Winston Little [mailto:wlittle1@peoplepc.com] Sent: Wednesday, June 26, 2002 10:33 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] WCOM restatement People in the rust belt are back in style. I believe the expression is "The meek shall inherit the earth". There is merit to the people who work and sweat for a living, = instead of the glorified crooks of the past three years. Remember all those clowns forming companies (with NO EARNINGS) = that had market capitalization greater than that of General Motors? Today: Lear LEI is up.They make car seats and interior parts. Delphi DPH guided up yesterday. They make electronic parts for = cars (mostly GM). Visteon VC guided up this morning.They make car parts (mostly for = Ford). P&G ( as Duke pointed out) is up. Soap, toothpaste and paper = towels. Donnelly DON (mirrors for cars) is to be bought out by Magna = (they make car parts) at 38% premium. ----- Original Message ----- From: "Duke Miller" To: Sent: Wednesday, June 26, 2002 10:07 AM Subject: RE: [CANSLIM] WCOM restatement > Absolutely. > > P&G is up over $1 at the open this a.m. Up 16% this year. 43% = last two > years. Soap, toothpaste, quality people. All things you can = count > (on). > > Duke > > (I do have a position in P&G) > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston = Little > Sent: Wednesday, June 26, 2002 9:48 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] WCOM restatement > > > There may be some merit to companies that make goods that I can = see, > touch and count such as houses, cars, chemicals. > > There may also be some merit to companies that pay dividends, as = the > crooks are less likely to borrow or steal funds to pay = dividends. > > > ----- Original Message ----- > From: "Dave Cameron" > To: > Sent: Wednesday, June 26, 2002 9:33 AM > Subject: RE: [CANSLIM] WCOM restatement > > > > Rocky (and all), > > > > Yeah... this is amazing. As a professional statistician, the = recent > > events show why I don't use classical statistical techniques = in > > investing. I sold all my individual holdings in November - = haven't > > bought back in. Still hold the mutual funds for long term, = but > > continue to watch them dwindle. > > > > My line to people at work is that I'll be working until I'm = 80.... > > > > Dave > > > > --- Rocky Sanghvi wrote: > > > I wish I could say that today coming blowoff will be the = last one. > > > There are other skeletons in the closet. More importantly = the > > > impact of the > > > dropping dollar will be enormous in our highly leveraged = financial > > > system. > > > > > > From ECON 101 > > > Until now we were managing to balance our foreign deficits = by inflow > > > > of cash from other countries into our markets. The falling = dollar > > > is an indication > > > that money is moving OUT of the country. Watch out for the = ripple > > > effects. > > > > > > Unless ofcourse we attack Iraq immediately and thereby = create "a > > > demand" for > > > the the safety of the American dollar. ;) I guess I am = cynical. > > > Today > > > the market lost me as an investor for a very long time. I = quit. > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Winston Little > > > Sent: Wednesday, June 26, 2002 8:34 AM > > > To: canslim@lists.xmission.com > > > Subject: Re: [CANSLIM] WCOM restatement > > > > > > > > > > > > The mantra of the clowns: > > > "I want it ALL" > > > "Give it to me NOW" > > > "It is MINE, I deserve it" > > > > > > ----- Original Message ----- > > > From: "Kent Norman" > > > To: > > > Sent: Wednesday, June 26, 2002 8:12 AM > > > Subject: RE: [CANSLIM] WCOM restatement > > > > > > > > > > The answer is: > > > > > > > > The same childish, short-sighted, immediate satisfaction = that > > > blinds > > > > them to the possibility that there is a tomorrow... They = run the > > > > business like they live their life. All today and no = tomorrow. > > > > > > > > Kent Norman > > > > > > > > --- "Cefaloni, John L Jr. [AMSTA-AR-WEA]" > > > > > > > wrote: > > > > > Well said, Tom. What is it that makes people do things = for > > > temporary > > > > > gain > > > > > when they know they'll probably get slammed for it in = the > > > future? > > > > > > > > > > I guess it's just greed, stupidity and arrogance. > > > > > > > > > > -----Original Message----- > > > > > From: Tom Worley [mailto:stkguru@bellsouth.net] > > > > > Sent: Wednesday, June 26, 2002 12:53 AM > > > > > To: CANSLIM > > > > > Subject: [CANSLIM] WCOM restatement > > > > > > > > > > > > > > > once again, Andersen strikes again, this time by signing = off on > > > > > Worldcom hiding over $3 billion in expenses as capital > > > > > expenditures, and > > > thus > > > > > inflating cash flow. Restatement expected to take away = last > > > five > > > > > quarters of > > > > > profits and turn them into losses. > > > > > > > > > > Who gave this sanction to a deviation from GAAP = (Generally > > > Accepted > > > > > Accounting Principles)?? Andersen, of course. It's clear = that > > > Enron > > > > > was only > > > > > the tip of the iceberg, as if Waste Management, Sunbeam, = and a > > > host > > > > > of other > > > > > companies were not sufficient warning of major problems = in > > > corporate > > > > > policy > > > > > and infrastructure. Sad to see a great name like = Andersen > > > prostituted > > > > > to > > > > > selling its certification services for any price, but = also > > > clear that > > > > > it > > > > > must disappear from corporate America. And until every = major > > > company > > > > > audited > > > > > by Andersen undergoes a special review by the SEC on = accounting > > > > > practices, I doubt anyone will believe that we have = finally seen > > > > > > it all. > > > > > > > > > > Tom Worley > > > > > stkguru@bellsouth.net > > > > > AIM: TexWorley > > > > > > > > > > > > > > > > > > > > - > > > > > -To subscribe/unsubscribe, email = "majordomo@xmission.com" -In > > > > > the email body, write "subscribe canslim" or = - -"unsubscribe > > > > > canslim". 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. > > > > > > > > > > > > =3D=3D=3D=3D=3D > > > > Opportunities always look bigger going than coming. > > > > > > > > __________________________________________________ > > > > Do You Yahoo!? > > > > Yahoo! - Official partner of 2002 FIFA World Cup > > > > http://fifaworldcup.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. > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" = - -In the > > > email body, write "subscribe canslim" or -"unsubscribe = canslim". 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. > > > > > > =3D=3D=3D=3D=3D > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Yahoo! - Official partner of 2002 FIFA World Cup > > http://fifaworldcup.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. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". 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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". 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. = _________________________________________________________________________= ___ For your protection, this e-mail message has been scanned for = viruses. Visit us at http://www.neoris.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. - -------------------------------------------------------------------------= - --- For your protection, this e-mail message has been scanned for = viruses.=20 Visit us at http://www.neoris.com/=20 - -------------------------------------------------------------------------= - --- - ------=_NextPart_000_0135_01C21D04.6F3341A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
For starters:
 
-DVD distributors such as DISK, HDL etc
-Retailers such as AMZN, BBY etc
-Hardware---runs the gamut from gaming hardware (Nintendo, XBox, = etc), to=20 video chips to handle the increased graphics requirements, to -DVD = players=20 (Samsung, Matsushita), to chips (INTC and some specialty chip makers), = to DVD=20 drive makers, etc.
-Software, such as NAVR and ROXI etc.
-Hardware components distributors such as TECD, IM, Games Makers = who will=20 beef up games offereings given the extra content capabilities of DVD = based=20 games, etc.
-etc
-etc
 
Katherine
----- Original Message -----
From:=20 Kelly=20 Short
Sent: Wednesday, June 26, 2002 = 10:50=20 AM
Subject: RE: [CANSLIM] WCOM=20 restatement

Katherine-
 
I=20 think you recapped the past three weeks worth of conversations- we're = all=20 bored! So let me pose this question to the group: DVD's. Who makes = money off=20 DVD's?
-----Original Message-----
From: Katherine Malm=20 [mailto:kmalm@earthlink.net]
Sent: Wednesday, June 26, = 2002 10:40=20 AM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] WCOM restatement

Hi Kelly,
 
The '87 crash was considerably different....far more an event = than a=20 process as is the current Bear which is undoing the excesses of the = late=20 '90's. At that time, cocktail conversations rarely included talk of = stocks,=20 but on Black Monday...people who didn't even know what the stock = market was=20 all about were gathered around the TV at lunch time. In retrospect, = the=20 Fed's quick intervention and the adjustments to program trading = guidelines=20 made this a blip on the bull market screen, so the "throwing in the = towel"=20 talk was far more short-lived than now. Most folks investing these = days know=20 little of what creates value and perceived value in the stock = market. Even=20 fewer are students of market history. But I'd bet the same = conversations=20 could be heard in the 30's and the 60's. Sometimes the best way to = *really*=20 learn it is to live it.
 
Besides, we're bored to tears..... :)) But I *am* enjoying the = time off=20 to pursue summer reading...throw away novels of little = consequence,=20 mindless fluff ....ah, what a pleasure!
 
Katherine
 
 
----- Original Message -----
From:=20 Kelly=20 Short
To: canslim@lists.xmission.com= =20
Sent: Wednesday, June 26, = 2002 10:25=20 AM
Subject: RE: [CANSLIM] WCOM = restatement

If I were new to this earth and had just learned = what the=20 US stock market was by reading the comments shared this morning=20 post-Worldcom I'd think the stock market was going bye-bye. I'll = admit-=20 I'm still wet behind the ears when it comes to investing = experience but I=20 can't for a minute believe that the same types of comments weren't = passed=20 around (albeit pre-Internet, shiver) regarding the 1987 crash. Can = anyone=20 remember back that far? I am correct and memory short? Or this = truly=20 "new"? Sorry folks- I was in the sixth grade in=20 1987.

Kelly

P.S. - thanks for the "Wall Street" = quotes- it's=20 the most used DVD I own!

-----Original = Message-----
From:=20 Cefaloni, John L Jr.=20 [AMSTA-AR-WEA]
[mailto:john.cefaloni@us.army.mil]
Sent: = Wednesday,=20 June 26, 2002 10:18 AM
To: 'canslim@lists.xmission.com'=
Subject:=20 RE: [CANSLIM] WCOM restatement


At the risk of being = corny, I=20 thought I'd dig up some quotes from the movie
"Wall Street" = (because=20 Hollywood tells us everything we need to know about
life=20 ;-)

"The main thing about money, Bud, is that it makes you = do=20 things you don't
want to do."

"Stop going for the easy = buck and=20 start producing something with your life.
Create, instead of = living off=20 the buying and selling of others."

"Stick to the=20 fundamentals.  That's how IBM and Hilton were = built."

"There=20 are no shotcuts.  Quick-buck artists come and go with every=20 bull
market, but the steady players make it through the bear=20 markets."

"You're on a roll, kid.  Enjoy it while it = lasts,=20 becuase it never does."

and, of course...

"Man looks = in the=20 abyss, there's nothing staring back at him. At that
moment, man = finds=20 his character. And that is what keeps him out of = the
abyss."

Of=20 course, the movie is packed with many more "bullish" quotes, but=20 those
will have to wait for another day.

-----Original=20 Message-----
From: Winston Little=20 [mailto:wlittle1@peoplepc.com]
Sent: Wednesday, June 26, 2002 = 10:33=20 AM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] WCOM restatement


People in the rust belt = are back=20 in style.

I believe the expression is "The meek shall = inherit the=20 earth".
There is merit to the people who work and sweat for a = living,=20 instead of the
glorified crooks of the past three = years.
Remember=20 all those clowns forming companies (with NO EARNINGS) that = had
market=20 capitalization greater than that of General = Motors?

Today:
Lear=20 LEI is up.They make car seats and interior parts.
Delphi DPH = guided up=20 yesterday. They make electronic parts for cars = (mostly
GM).
Visteon=20 VC guided up this morning.They make car parts (mostly for=20 Ford).
P&G ( as Duke pointed out) is up. Soap, toothpaste = and paper=20 towels.
Donnelly DON  (mirrors for cars) is to be bought = out by=20 Magna (they make car
parts) at 38% = premium.




-----=20 Original Message -----
From: "Duke Miller" <dukemill@tampabay.rr.com>=
To:=20 <canslim@lists.xmission.com= >
Sent:=20 Wednesday, June 26, 2002 10:07 AM
Subject: RE: [CANSLIM] WCOM=20 restatement


> Absolutely.
>
> P&G is = up over=20 $1 at the open this a.m.  Up 16% this year.  43% last=20 two
> years.  Soap, toothpaste, quality people.  = All=20 things you can count
> (on).
>
> = Duke
>
> (I=20 do have a position in P&G)
>
> -----Original=20 Message-----
> From: owner-canslim@lists.xmis= sion.com
>=20 [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston=20 Little
> Sent: Wednesday, June 26, 2002 9:48 AM
> To: = canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] WCOM restatement
>
>
> = There may=20 be some merit to companies that make goods that I can see,
> = touch=20 and count such as houses, cars, chemicals.
>
> There = may also=20 be some merit to companies that pay dividends, as the
> = crooks are=20 less likely to borrow or steal funds to pay=20 dividends.
>
>
> ----- Original Message = - -----
>=20 From: "Dave Cameron" <dfcameron@yahoo.com>
> = To:=20 <canslim@lists.xmission.com= >
>=20 Sent: Wednesday, June 26, 2002 9:33 AM
> Subject: RE: = [CANSLIM] WCOM=20 restatement
>
>
> > Rocky (and all),
>=20 >
> > Yeah... this is amazing.   As a = professional=20 statistician, the recent
> > events show why I don't use=20 classical statistical techniques in
> > = investing.   I=20 sold all my individual holdings in November - haven't
> > = bought=20 back in.   Still hold the mutual funds for long term,=20 but
> > continue to watch them dwindle.
> = >
> >=20 My line to people at work is that I'll be working until I'm = 80....
>=20 >
> > Dave
> >
> > --- Rocky Sanghvi = <rs@mylodestar.com> = wrote:
>=20 > > I wish I could say that today coming blowoff will be the = last=20 one.
> > > There are other skeletons in the = closet.  More=20 importantly the
> > > impact of the
> > > = dropping=20 dollar will be enormous in our highly leveraged financial
> = >=20 > system.
> > >
> > > From ECON = 101
>=20 > > Until now we were managing to balance our foreign = deficits by=20 inflow
>
> > > of cash from other countries into = our=20 markets.  The falling dollar
> > > is an=20 indication
> > > that money is moving OUT of the=20 country.  Watch out for the ripple
> > > = effects.
>=20 > >
> > > Unless ofcourse we attack Iraq = immediately and=20 thereby create "a
> > > demand" for
> > > = the the=20 safety of the American dollar.  ;)   I guess I am=20 cynical.
> > > Today
> > > the market lost = me as=20 an investor for a very long time.  I quit.
> > = >
>=20 > > -----Original Message-----
> > > From: owner-canslim@lists.xmis= sion.com
>=20 > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Winston=20 Little
> > > Sent: Wednesday, June 26, 2002 8:34 = AM
>=20 > > To: canslim@lists.xmission.com=
>=20 > > Subject: Re: [CANSLIM] WCOM restatement
> >=20 >
> > >
> > >
> > > The = mantra of=20 the clowns:
> > > "I want it ALL"
> > > = "Give it=20 to me NOW"
> > > "It is MINE, I deserve it"
> = >=20 >
> > > ----- Original Message -----
> > = >=20 From: "Kent Norman" <kent_norman@yahoo.com>
&g= t;=20 > > To: <canslim@lists.xmission.com= >
>=20 > > Sent: Wednesday, June 26, 2002 8:12 AM
> > > = Subject: RE: [CANSLIM] WCOM restatement
> > >
> = >=20 >
> > > > The answer is:
> > > = >
>=20 > > > The same childish, short-sighted, immediate = satisfaction=20 that
> > > blinds
> > > > them to the=20 possibility that there is a tomorrow... They run the
> > = >=20 > business like they live their life. All today and no=20 tomorrow.
> > > >
> > > > Kent=20 Norman
> > > >
> > > > --- = "Cefaloni, John L=20 Jr. [AMSTA-AR-WEA]"
> > > <john.cefaloni@us.army.mil&g= t;
>=20 > > > wrote:
> > > > > Well said, = Tom. =20 What is it that makes people do things for
> > >=20 temporary
> > > > > gain
> > > > = >=20 when they know they'll probably get slammed for it in the
> = >=20 > future?
> > > > >
> > > > = > I=20 guess it's just greed, stupidity and arrogance.
> > > = >=20 >
> > > > > -----Original = Message-----
> >=20 > > > From: Tom Worley = [mailto:stkguru@bellsouth.net]
>=20 > > > > Sent: Wednesday, June 26, 2002 12:53 = AM
> >=20 > > > To: CANSLIM
> > > > > Subject: = [CANSLIM]=20 WCOM restatement
> > > > >
> > > = >=20 >
> > > > > once again, Andersen strikes = again, this=20 time by signing off on
> > > > > Worldcom hiding = over $3=20 billion in expenses as capital
> > > > > = expenditures,=20 and
> > > thus
> > > > > inflating = cash=20 flow. Restatement expected to take away last
> > >=20 five
> > > > > quarters of
> > > = > >=20 profits and turn them into losses.
> > > > = >
>=20 > > > > Who gave this sanction to a deviation from = GAAP=20 (Generally
> > > Accepted
> > > > >=20 Accounting Principles)?? Andersen, of course. It's clear = that
> >=20 > Enron
> > > > > was only
> > > = >=20 > the tip of the iceberg, as if Waste Management, Sunbeam, and=20 a
> > > host
> > > > > of = other
> >=20 > > > companies were not sufficient warning of major = problems=20 in
> > > corporate
> > > > > = policy
>=20 > > > > and infrastructure. Sad to see a great name = like=20 Andersen
> > > prostituted
> > > > > = to
> > > > > selling its certification services = for any=20 price, but also
> > > clear that
> > > = > >=20 it
> > > > > must disappear from corporate = America. And=20 until every major
> > > company
> > > > = >=20 audited
> > > > > by Andersen undergoes a = special review=20 by the SEC on accounting
> > > > > practices, I = doubt=20 anyone will believe that we have finally seen
>
> > = >=20 > > it all.
> > > > >
> > > = > >=20 Tom Worley
> > > > > stkguru@bellsouth.net
> = >=20 > > > AIM: TexWorley
> > > > >
> = >=20 > > >
> > > > >
> > > > = >=20 -
> > > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In
> > > > > the email body, write "subscribe = canslim"=20 or -"unsubscribe
> > > > > canslim".  Do = not use=20 quotes in your email.
> > > > >
> > = > >=20 > -
> > > > > -To subscribe/unsubscribe, = email "majordomo@xmission.com" = -In
> > > > > the email body, write "subscribe = canslim"=20 or -"unsubscribe
> > > > > canslim".  Do = not use=20 quotes in your email.
> > > >
> > >=20 >
> > > > =3D=3D=3D=3D=3D
> > > > = Opportunities=20 always look bigger going than coming.
> > > = >
> >=20 > > = __________________________________________________
> >=20 > > Do You Yahoo!?
> > > > Yahoo! - Official = partner=20 of 2002 FIFA World Cup
> > > > http://fifaworldcup.yahoo.com<= BR>>=20 > > >
> > > > -
> > > > -To = subscribe/unsubscribe, email "majordomo@xmission.com" = - -In=20 the
> > > > email body, write "subscribe canslim" = or=20 -"unsubscribe canslim".
> > > > Do not use quotes = in your=20 email.
> > > >
> > >
> > = >
>=20 > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com" = - -In=20 the
> > > email body, write "subscribe canslim" or=20 -"unsubscribe canslim".  Do
>
> > > not use = quotes=20 in your email.
> > >
> > >
> >=20 >
> > > -
> > > -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"=20 -In the
> > > email body, write "subscribe canslim" or = -"unsubscribe canslim".  Do
>
> > > not use = quotes=20 in your email.
> >
> >
> > = =3D=3D=3D=3D=3D
> >=20 Dave Cameron
> > dfcameron@yahoo.com
>=20 >
> >=20 __________________________________________________
> > Do = You=20 Yahoo!?
> > Yahoo! - Official partner of 2002 FIFA World=20 Cup
> > http://fifaworldcup.yahoo.com<= BR>>=20 >
> > -
> > -To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or=20 -"unsubscribe
> > canslim".  Do not use quotes in = your=20 email.
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>
>
> -
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>= ;=20 -In the email body, write "subscribe canslim" or
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>=20 -
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>= ;=20 -In the email body, write "subscribe canslim" or
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