From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2551 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 Monday, July 1 2002 Volume 02 : Number 2551 In this issue: Re: [CANSLIM] Earnings Confidence RE: [CANSLIM] Earnings Confidence RE: [CANSLIM] Earnings Confidence Re: [CANSLIM] Earnings Confidence ---------------------------------------------------------------------- Date: Mon, 01 Jul 2002 15:50:08 -0500 From: Gene Ricci Subject: Re: [CANSLIM] Earnings Confidence This is a multi-part message in MIME format. - ------=_NextPart_000_0024_01C22116.F9DCCEF0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Growth At A Reasonable Price ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 01, 2002 3:41 PM Subject: RE: [CANSLIM] Earnings Confidence David, Excuse my ignorance, but what's GARP? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of David Taggart Sent: Monday, July 01, 2002 10:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence I have found for about a year and a half that CANLSIM/GARP is a safe = and reliable way to trade. It really cuts down on the risk yet you still = get to catch a lot of the good moves such as homebuilders and REIT's. = Granted it is not strict CANSLIM but you can still use a lot of the concepts WON teaches. I always thought David Ryans interview in Market Wizards = made sense that after screening for eveything else go for the lowest P/E. = I also wish that WON would teach more on the short side. The best gains I = have had have been on the short side the past year and a half. CANSLIM = criteria are discriminating enought that if you apply most of them in reverse and = then throw in a ton of debt you end up with some good shorts. Oh well = enough of my soapbox. David Taggart -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Harvey Brion Sent: Monday, July 01, 2002 1:57 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence Good post, Jans. I went to my back issues and dug out the Investor's = Corner you refer to. It's the June 25th issue. I'm going to follow your lead = and get more familiar with the SEC filings. In general, I've gotten more conservative, probably like most. I'm = paying more attention to the P/E than I ever have in the past, preferring <20. I = guess that makes me a "value" CANSLIM investor. I'm also weighting the cash flow = more than I have in the past to try to establish a correlation with earnings, = i.e., 20% higher than last year's EPS. -Harvey Spencer48@aol.com wrote: > Katherine: > > In a way the accounting frauds and scandals that have popped up = have > been useful to me-in this way: I had never relied on SEC info = before; all my > fundamental info had been gleaned from DGO. However, with earnings = and even > cash-flow now being suspect-I go to the SEC page when analyzing a company's > stock that I wish to buy, to see what the company is doing and how = it is > doing it. (About a week ago, IBD in Investors Corner printed a = column on the > different types of statements that companies are required to file = with the > SEC-so I believe that IBD believes this sort of fundamental info is important > to apprise oneself of when analyzing a stock). > > I suppose I use the "events" in a negative way to strengthen my buying > strategy, ie. if what I see on SEC seems different than what DGO = prints as to > the company's earnings or even what the chart is saying, I drop that = stock > from my watch-list. > > As far as selling (an exit strategy), I wouldn't buy a company = in the > first place unless I felt comfortable with it. So for the exit = strategy, I > generally will rely on WON's dictums regarding when to sell. > > jans > > In a message dated 7/1/2002 2:15:33 PM Eastern Daylight Time, > kmalm@earthlink.net writes: > > << I see the recent discussions of Anderson, WCOM, earnings = confidence, etc. > to be of great importance in CANSLIM investing, less as a matter of "current > events" than in the sense that it impacts much of the core investing concepts > in CANSLIM. > > I'm interested in finding out if and how this change in perception = of > earnings measurement will or has had any affect on your CANSLIM = mining, > entry, and/or exit strategies. If it has not yet had an effect, do = you > believe that it should? In other words, how will you modify your = approach > based on these events? How do you use these events to strengthen = your > strategies? >> > > - > -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. - ------=_NextPart_000_0024_01C22116.F9DCCEF0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Growth At A Reasonable = Price
----- Original Message -----
From:=20 Mike Gibbons
To: canslim@lists.xmission.com=
Sent: Monday, July 01, 2002 = 3:41 PM
Subject: RE: [CANSLIM] Earnings = Confidence

David,

Excuse my ignorance, but what's=20 GARP?

Aloha,

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

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of David Taggart
Sent: Monday, July 01, 2002 10:18 AM
To: = canslim@lists.xmission.com=
Subject:=20 RE: [CANSLIM] Earnings Confidence


I have found for about a = year and=20 a half that CANLSIM/GARP is a safe and
reliable way to trade.  = It=20 really cuts down on the risk yet you still get to
catch a lot of = the good=20 moves such as homebuilders and REIT's.  Granted it
is not = strict=20 CANSLIM but you can still use a lot of the concepts = WON
teaches.  I=20 always thought David Ryans interview in Market Wizards made
sense = that=20 after screening for eveything else go for the lowest P/E.  I = also
wish=20 that WON would teach more on the short side. The best gains I have = had
have=20 been on the short side the past year and a half.  CANSLIM = criteria=20 are
discriminating enought that if you apply most of them in = reverse and=20 then
throw in a ton of debt you end up with some good shorts.  = Oh well=20 enough of
my soapbox.


David Taggart

-----Original = Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Harvey Brion
Sent: Monday, July 01, 2002 1:57 PM
To: = canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Earnings Confidence


Good post, Jans.  I = went to=20 my back issues and dug out the Investor's Corner
you
refer = to. =20 It's the June 25th issue.  I'm going to follow your lead and=20 get
more
familiar with the SEC filings.

In general, I've = gotten=20 more conservative, probably like most.  I'm = paying
more
attention=20 to the P/E than I ever have in the past, preferring <20.  I=20 guess
that
makes me a "value" CANSLIM investor.  I'm also = weighting=20 the cash flow more
than
I have in the past to try to establish a = correlation with earnings, i.e.,
20%
higher than last year's = EPS. =20 -Harvey

Spencer48@aol.com=20 wrote:

> = Katherine:
>
>      In=20 a way the accounting frauds and scandals that have popped up = have
> been=20 useful to me-in this way:  I had never relied on SEC info before; = all
my
> fundamental info had been gleaned from DGO.  = However,=20 with earnings and
even
> cash-flow now being suspect-I go to = the SEC=20 page when analyzing a
company's
> stock that I wish to buy, = to see=20 what the company is doing and how it is
> doing it. (About a = week ago,=20 IBD in Investors Corner printed a column on
the
> different = types=20 of  statements that companies are required to file = with
the
>=20 SEC-so I believe that IBD believes this sort of fundamental info=20 is
important
> to apprise oneself of when analyzing a=20 stock).
>
>      I suppose I use = the=20 "events" in a negative way to strengthen my
buying
> = strategy, ie. if=20 what I see on SEC seems different than what DGO prints = as
to
> the=20 company's earnings or even what the chart is saying, I drop that = stock
>=20 from my watch-list.
>
>      As = far as=20 selling (an exit strategy),  I wouldn't buy a company = in
the
>=20 first place unless I felt comfortable with it.  So for the exit=20 strategy,
I
> generally will rely on WON's dictums regarding = when to=20 sell.
>
> jans
>
> In a message dated 7/1/2002 = 2:15:33=20 PM Eastern Daylight Time,
> kmalm@earthlink.net=20 writes:
>
> << I see the recent discussions of = Anderson,=20 WCOM, earnings confidence,
etc.
> to be of great importance = in=20 CANSLIM investing, less as a matter of
"current
> events" = than in the=20 sense that it impacts much of the core investing
concepts
> = in=20 CANSLIM.
>
>  I'm interested in finding out if and = how this=20 change in perception of
> earnings measurement will or has had = any=20 affect on your CANSLIM mining,
> entry, and/or exit strategies. = If it=20 has not yet had an effect, do you
> believe that it should? In = other=20 words, how will you modify your approach
> based on these = events? How do=20 you use these events to strengthen your
> strategies?=20 >>
>
> -
> -To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-To=20 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.


-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.


-
-To = subscribe/unsubscribe,=20 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_0024_01C22116.F9DCCEF0-- - - - -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: Mon, 1 Jul 2002 10:55:52 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] Earnings Confidence This is a multi-part message in MIME format. - ------=_NextPart_000_0030_01C220ED.DE38D640 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit Katherine, David and Gene, Wow, that was fast, now what does it mean? A reference link would be fine. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, July 01, 2002 10:45 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence GARP = Growth At a Reasonable Price ----- Original Message ----- From: Mike Gibbons To: canslim@lists.xmission.com Sent: Monday, July 01, 2002 3:41 PM Subject: RE: [CANSLIM] Earnings Confidence David, Excuse my ignorance, but what's GARP? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of David Taggart Sent: Monday, July 01, 2002 10:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence I have found for about a year and a half that CANLSIM/GARP is a safe and reliable way to trade. It really cuts down on the risk yet you still get to catch a lot of the good moves such as homebuilders and REIT's. Granted it is not strict CANSLIM but you can still use a lot of the concepts WON teaches. I always thought David Ryans interview in Market Wizards made sense that after screening for eveything else go for the lowest P/E. I also wish that WON would teach more on the short side. The best gains I have had have been on the short side the past year and a half. CANSLIM criteria are discriminating enought that if you apply most of them in reverse and then throw in a ton of debt you end up with some good shorts. Oh well enough of my soapbox. David Taggart -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Harvey Brion Sent: Monday, July 01, 2002 1:57 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence Good post, Jans. I went to my back issues and dug out the Investor's Corner you refer to. It's the June 25th issue. I'm going to follow your lead and get more familiar with the SEC filings. In general, I've gotten more conservative, probably like most. I'm paying more attention to the P/E than I ever have in the past, preferring <20. I guess that makes me a "value" CANSLIM investor. I'm also weighting the cash flow more than I have in the past to try to establish a correlation with earnings, i.e., 20% higher than last year's EPS. -Harvey Spencer48@aol.com wrote: > Katherine: > > In a way the accounting frauds and scandals that have popped up have > been useful to me-in this way: I had never relied on SEC info before; all my > fundamental info had been gleaned from DGO. However, with earnings and even > cash-flow now being suspect-I go to the SEC page when analyzing a company's > stock that I wish to buy, to see what the company is doing and how it is > doing it. (About a week ago, IBD in Investors Corner printed a column on the > different types of statements that companies are required to file with the > SEC-so I believe that IBD believes this sort of fundamental info is important > to apprise oneself of when analyzing a stock). > > I suppose I use the "events" in a negative way to strengthen my buying > strategy, ie. if what I see on SEC seems different than what DGO prints as to > the company's earnings or even what the chart is saying, I drop that stock > from my watch-list. > > As far as selling (an exit strategy), I wouldn't buy a company in the > first place unless I felt comfortable with it. So for the exit strategy, I > generally will rely on WON's dictums regarding when to sell. > > jans > > In a message dated 7/1/2002 2:15:33 PM Eastern Daylight Time, > kmalm@earthlink.net writes: > > << I see the recent discussions of Anderson, WCOM, earnings confidence, etc. > to be of great importance in CANSLIM investing, less as a matter of "current > events" than in the sense that it impacts much of the core investing concepts > in CANSLIM. > > I'm interested in finding out if and how this change in perception of > earnings measurement will or has had any affect on your CANSLIM mining, > entry, and/or exit strategies. If it has not yet had an effect, do you > believe that it should? In other words, how will you modify your approach > based on these events? How do you use these events to strengthen your > strategies? >> > > - > -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. - ------=_NextPart_000_0030_01C220ED.DE38D640 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Katherine, David and Gene,
 
Wow,=20 that was fast, now what does it mean? A reference link would be=20 fine.
 
Aloha,
 
Mike Gibbons
Proactive Technologies, = LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine = Malm
Sent: Monday, July 01, 2002 10:45 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Earnings=20 Confidence

GARP =3D Growth At a Reasonable Price
----- Original Message -----
From:=20 Mike Gibbons
Sent: Monday, July 01, 2002 = 3:41=20 PM
Subject: RE: [CANSLIM] = Earnings=20 Confidence

David,

Excuse my ignorance, but what's=20 GARP?

Aloha,

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

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of David Taggart
Sent: Monday, July 01, 2002 10:18 = AM
To: canslim@lists.xmission.com=
Subject:=20 RE: [CANSLIM] Earnings Confidence


I have found for about = a year=20 and a half that CANLSIM/GARP is a safe and
reliable way to = trade. =20 It really cuts down on the risk yet you still get to
catch a lot = of the=20 good moves such as homebuilders and REIT's.  Granted it
is = not=20 strict CANSLIM but you can still use a lot of the concepts=20 WON
teaches.  I always thought David Ryans interview in = Market=20 Wizards made
sense that after screening for eveything else go for = the=20 lowest P/E.  I also
wish that WON would teach more on the = short=20 side. The best gains I have had
have been on the short side the = past year=20 and a half.  CANSLIM criteria are
discriminating enought = that if you=20 apply most of them in reverse and then
throw in a ton of debt you = end up=20 with some good shorts.  Oh well enough of
my=20 soapbox.


David Taggart

-----Original = Message-----
From:=20 owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Harvey Brion
Sent: Monday, July 01, 2002 1:57 PM
To: = canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Earnings Confidence


Good post, Jans.  = I went=20 to my back issues and dug out the Investor's Corner
you
refer=20 to.  It's the June 25th issue.  I'm going to follow your = lead and=20 get
more
familiar with the SEC filings.

In general, = I've gotten=20 more conservative, probably like most.  I'm = paying
more
attention=20 to the P/E than I ever have in the past, preferring <20.  I=20 guess
that
makes me a "value" CANSLIM investor.  I'm also = weighting the cash flow more
than
I have in the past to try to = establish a correlation with earnings, i.e.,
20%
higher than = last=20 year's EPS.  -Harvey

Spencer48@aol.com = wrote:

>=20 Katherine:
>
>      In a way = the=20 accounting frauds and scandals that have popped up have
> been = useful=20 to me-in this way:  I had never relied on SEC info before;=20 all
my
> fundamental info had been gleaned from DGO.  = However,=20 with earnings and
even
> cash-flow now being suspect-I go = to the=20 SEC page when analyzing a
company's
> stock that I wish to = buy, to=20 see what the company is doing and how it is
> doing it. (About = a week=20 ago, IBD in Investors Corner printed a column on
the
> = different=20 types of  statements that companies are required to file=20 with
the
> SEC-so I believe that IBD believes this sort of=20 fundamental info is
important
> to apprise oneself of when=20 analyzing a stock).
>
>      I = suppose=20 I use the "events" in a negative way to strengthen = my
buying
>=20 strategy, ie. if what I see on SEC seems different than what DGO = prints=20 as
to
> the company's earnings or even what the chart is = saying, I=20 drop that stock
> from my=20 watch-list.
>
>      As far as = selling=20 (an exit strategy),  I wouldn't buy a company in
the
> = first=20 place unless I felt comfortable with it.  So for the exit=20 strategy,
I
> generally will rely on WON's dictums = regarding when=20 to sell.
>
> jans
>
> In a message dated = 7/1/2002=20 2:15:33 PM Eastern Daylight Time,
> kmalm@earthlink.net=20 writes:
>
> << I see the recent discussions of = Anderson,=20 WCOM, earnings confidence,
etc.
> to be of great importance = in=20 CANSLIM investing, less as a matter of
"current
> events" = than in=20 the sense that it impacts much of the core = investing
concepts
> in=20 CANSLIM.
>
>  I'm interested in finding out if and = how this=20 change in perception of
> earnings measurement will or has had = any=20 affect on your CANSLIM mining,
> entry, and/or exit = strategies. If it=20 has not yet had an effect, do you
> believe that it should? In = other=20 words, how will you modify your approach
> based on these = events? How=20 do you use these events to strengthen your
> strategies?=20 >>
>
> -
> -To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-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.


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.


-
-To = subscribe/unsubscribe,=20 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_0030_01C220ED.DE38D640-- - - - -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: Mon, 1 Jul 2002 15:58:41 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] Earnings Confidence Congratulations! David you won I received your post about one second before Gene's. Sorry Gene, aren't you losing another contest too? I really hate to mention that one because I was pulling for you, but I am feeling a bit mischievous right now. E -----Original Message----- From: David Taggart [mailto:dctag@mavericktrading.com] Sent: Monday, July 01, 2002 3:43 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence GARP Growth At a Reasonable Price - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Mike Gibbons Sent: Monday, July 01, 2002 2:41 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence David, Excuse my ignorance, but what's GARP? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of David Taggart Sent: Monday, July 01, 2002 10:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence I have found for about a year and a half that CANLSIM/GARP is a safe and reliable way to trade. It really cuts down on the risk yet you still get to catch a lot of the good moves such as homebuilders and REIT's. Granted it is not strict CANSLIM but you can still use a lot of the concepts WON teaches. I always thought David Ryans interview in Market Wizards made sense that after screening for eveything else go for the lowest P/E. I also wish that WON would teach more on the short side. The best gains I have had have been on the short side the past year and a half. CANSLIM criteria are discriminating enought that if you apply most of them in reverse and then throw in a ton of debt you end up with some good shorts. Oh well enough of my soapbox. David Taggart - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Harvey Brion Sent: Monday, July 01, 2002 1:57 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence Good post, Jans. I went to my back issues and dug out the Investor's Corner you refer to. It's the June 25th issue. I'm going to follow your lead and get more familiar with the SEC filings. In general, I've gotten more conservative, probably like most. I'm paying more attention to the P/E than I ever have in the past, preferring <20. I guess that makes me a "value" CANSLIM investor. I'm also weighting the cash flow more than I have in the past to try to establish a correlation with earnings, i.e., 20% higher than last year's EPS. -Harvey Spencer48@aol.com wrote: > Katherine: > > In a way the accounting frauds and scandals that have popped up have > been useful to me-in this way: I had never relied on SEC info before; all my > fundamental info had been gleaned from DGO. However, with earnings and even > cash-flow now being suspect-I go to the SEC page when analyzing a company's > stock that I wish to buy, to see what the company is doing and how it is > doing it. (About a week ago, IBD in Investors Corner printed a column on the > different types of statements that companies are required to file with the > SEC-so I believe that IBD believes this sort of fundamental info is important > to apprise oneself of when analyzing a stock). > > I suppose I use the "events" in a negative way to strengthen my buying > strategy, ie. if what I see on SEC seems different than what DGO prints as to > the company's earnings or even what the chart is saying, I drop that stock > from my watch-list. > > As far as selling (an exit strategy), I wouldn't buy a company in the > first place unless I felt comfortable with it. So for the exit strategy, I > generally will rely on WON's dictums regarding when to sell. > > jans > > In a message dated 7/1/2002 2:15:33 PM Eastern Daylight Time, > kmalm@earthlink.net writes: > > << I see the recent discussions of Anderson, WCOM, earnings confidence, etc. > to be of great importance in CANSLIM investing, less as a matter of "current > events" than in the sense that it impacts much of the core investing concepts > in CANSLIM. > > I'm interested in finding out if and how this change in perception of > earnings measurement will or has had any affect on your CANSLIM mining, > entry, and/or exit strategies. If it has not yet had an effect, do you > believe that it should? In other words, how will you modify your approach > based on these events? How do you use these events to strengthen your > strategies? >> > > - > -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. ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - - - -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: Mon, 01 Jul 2002 16:11:29 -0500 From: Gene Ricci Subject: Re: [CANSLIM] Earnings Confidence This is a multi-part message in MIME format. - ------=_NextPart_000_0053_01C22119.F5B712B0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable http://moneycentral.msn.com/articles/invest/stratlab/9841.asp?Strategy=3D= 0 ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 01, 2002 3:55 PM Subject: RE: [CANSLIM] Earnings Confidence Katherine, David and Gene, Wow, that was fast, now what does it mean? A reference link would be = fine. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, July 01, 2002 10:45 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence GARP =3D Growth At a Reasonable Price ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 01, 2002 3:41 PM Subject: RE: [CANSLIM] Earnings Confidence David, Excuse my ignorance, but what's GARP? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of David = Taggart Sent: Monday, July 01, 2002 10:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence I have found for about a year and a half that CANLSIM/GARP is a = safe and reliable way to trade. It really cuts down on the risk yet you = still get to catch a lot of the good moves such as homebuilders and REIT's. = Granted it is not strict CANSLIM but you can still use a lot of the concepts = WON teaches. I always thought David Ryans interview in Market Wizards = made sense that after screening for eveything else go for the lowest = P/E. I also wish that WON would teach more on the short side. The best gains I = have had have been on the short side the past year and a half. CANSLIM = criteria are discriminating enought that if you apply most of them in reverse = and then throw in a ton of debt you end up with some good shorts. Oh well = enough of my soapbox. David Taggart -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Harvey Brion Sent: Monday, July 01, 2002 1:57 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence Good post, Jans. I went to my back issues and dug out the = Investor's Corner you refer to. It's the June 25th issue. I'm going to follow your = lead and get more familiar with the SEC filings. In general, I've gotten more conservative, probably like most. = I'm paying more attention to the P/E than I ever have in the past, preferring <20. = I guess that makes me a "value" CANSLIM investor. I'm also weighting the cash = flow more than I have in the past to try to establish a correlation with = earnings, i.e., 20% higher than last year's EPS. -Harvey Spencer48@aol.com wrote: > Katherine: > > In a way the accounting frauds and scandals that have = popped up have > been useful to me-in this way: I had never relied on SEC info = before; all my > fundamental info had been gleaned from DGO. However, with = earnings and even > cash-flow now being suspect-I go to the SEC page when analyzing = a company's > stock that I wish to buy, to see what the company is doing and = how it is > doing it. (About a week ago, IBD in Investors Corner printed a = column on the > different types of statements that companies are required to = file with the > SEC-so I believe that IBD believes this sort of fundamental info = is important > to apprise oneself of when analyzing a stock). > > I suppose I use the "events" in a negative way to = strengthen my buying > strategy, ie. if what I see on SEC seems different than what DGO = prints as to > the company's earnings or even what the chart is saying, I drop = that stock > from my watch-list. > > As far as selling (an exit strategy), I wouldn't buy a = company in the > first place unless I felt comfortable with it. So for the exit = strategy, I > generally will rely on WON's dictums regarding when to sell. > > jans > > In a message dated 7/1/2002 2:15:33 PM Eastern Daylight Time, > kmalm@earthlink.net writes: > > << I see the recent discussions of Anderson, WCOM, earnings = confidence, etc. > to be of great importance in CANSLIM investing, less as a matter = of "current > events" than in the sense that it impacts much of the core = investing concepts > in CANSLIM. > > I'm interested in finding out if and how this change in = perception of > earnings measurement will or has had any affect on your CANSLIM = mining, > entry, and/or exit strategies. If it has not yet had an effect, = do you > believe that it should? In other words, how will you modify your = approach > based on these events? How do you use these events to strengthen = your > strategies? >> > > - > -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. - ------=_NextPart_000_0053_01C22119.F5B712B0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
http://moneycentral.msn.com/articles/invest/stratlab/9841.asp?= Strategy=3D0
----- Original Message -----
From:=20 Mike Gibbons
Sent: Monday, July 01, 2002 = 3:55 PM
Subject: RE: [CANSLIM] Earnings = Confidence

Katherine, David and Gene,
 
Wow,=20 that was fast, now what does it mean? A reference link would be=20 fine.
 
Aloha,
 
Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Monday, July 01, 2002 10:45 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Earnings = Confidence

GARP =3D Growth At a Reasonable Price
----- Original Message ----- =
From:=20 Mike Gibbons
To: canslim@lists.xmission.com= =20
Sent: Monday, July 01, 2002 = 3:41=20 PM
Subject: RE: [CANSLIM] = Earnings=20 Confidence

David,

Excuse my ignorance, but what's=20 GARP?

Aloha,

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

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of David Taggart
Sent: Monday, July 01, 2002 10:18 = AM
To: canslim@lists.xmission.com=
Subject:=20 RE: [CANSLIM] Earnings Confidence


I have found for = about a year=20 and a half that CANLSIM/GARP is a safe and
reliable way to = trade. =20 It really cuts down on the risk yet you still get to
catch a = lot of the=20 good moves such as homebuilders and REIT's.  Granted it
is = not=20 strict CANSLIM but you can still use a lot of the concepts=20 WON
teaches.  I always thought David Ryans interview in = Market=20 Wizards made
sense that after screening for eveything else go = for the=20 lowest P/E.  I also
wish that WON would teach more on the = short=20 side. The best gains I have had
have been on the short side the = past=20 year and a half.  CANSLIM criteria are
discriminating = enought that=20 if you apply most of them in reverse and then
throw in a ton of = debt=20 you end up with some good shorts.  Oh well enough of
my=20 soapbox.


David Taggart

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Harvey Brion
Sent: Monday, July 01, 2002 1:57 = PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Earnings Confidence


Good post, = Jans.  I went=20 to my back issues and dug out the Investor's = Corner
you
refer=20 to.  It's the June 25th issue.  I'm going to follow your = lead=20 and get
more
familiar with the SEC filings.

In = general, I've=20 gotten more conservative, probably like most.  I'm=20 paying
more
attention to the P/E than I ever have in the = past,=20 preferring <20.  I guess
that
makes me a "value" = CANSLIM=20 investor.  I'm also weighting the cash flow more
than
I = have in=20 the past to try to establish a correlation with earnings,=20 i.e.,
20%
higher than last year's EPS.  = - -Harvey

Spencer48@aol.com = wrote:

>=20 Katherine:
>
>      In a way = the=20 accounting frauds and scandals that have popped up have
> = been=20 useful to me-in this way:  I had never relied on SEC info = before;=20 all
my
> fundamental info had been gleaned from = DGO. =20 However, with earnings and
even
> cash-flow now being = suspect-I=20 go to the SEC page when analyzing a
company's
> stock = that I wish=20 to buy, to see what the company is doing and how it is
> = doing it.=20 (About a week ago, IBD in Investors Corner printed a column=20 on
the
> different types of  statements that = companies are=20 required to file with
the
> SEC-so I believe that IBD = believes=20 this sort of fundamental info is
important
> to apprise = oneself=20 of when analyzing a = stock).
>
>     =20 I suppose I use the "events" in a negative way to strengthen=20 my
buying
> strategy, ie. if what I see on SEC seems = different=20 than what DGO prints as
to
> the company's earnings or = even what=20 the chart is saying, I drop that stock
> from my=20 watch-list.
>
>      As far = as=20 selling (an exit strategy),  I wouldn't buy a company=20 in
the
> first place unless I felt comfortable with = it.  So=20 for the exit strategy,
I
> generally will rely on WON's = dictums=20 regarding when to sell.
>
> jans
>
> In a = message=20 dated 7/1/2002 2:15:33 PM Eastern Daylight Time,
> kmalm@earthlink.net=20 writes:
>
> << I see the recent discussions of = Anderson,=20 WCOM, earnings confidence,
etc.
> to be of great = importance in=20 CANSLIM investing, less as a matter of
"current
> events" = than in=20 the sense that it impacts much of the core = investing
concepts
>=20 in CANSLIM.
>
>  I'm interested in finding out if = and how=20 this change in perception of
> earnings measurement will or = has had=20 any affect on your CANSLIM mining,
> entry, and/or exit = strategies.=20 If it has not yet had an effect, do you
> believe that it = should? In=20 other words, how will you modify your approach
> based on = these=20 events? How do you use these events to strengthen your
> = strategies?=20 >>
>
> -
> -To subscribe/unsubscribe, = email "majordomo@xmission.com"
>= ;=20 -In the email body, write "subscribe canslim" or
> = - -"unsubscribe=20 canslim".  Do not use quotes in your = email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your = email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your = email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
- ------=_NextPart_000_0053_01C22119.F5B712B0-- - - - -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 #2551 ****************************** 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.