From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2832 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, August 19 2002 Volume 02 : Number 2832 In this issue: Re: [CANSLIM] David Ryan [CANSLIM] for DGO subscribers Re: [CANSLIM] for DGO subscribers Re: [CANSLIM] for DGO subscribers Re: [CANSLIM] CVH Re: [CANSLIM] CANSLIM Question: What is a VR Fund Re: [CANSLIM] CVH Re: [CANSLIM] David Ryan ---------------------------------------------------------------------- Date: Mon, 19 Aug 2002 17:52:50 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] David Ryan David Why do any of us do the jobs we do? To earn money and make a living. I work with computers and "sell" my services to my employer. Someone else know how to fix cars and sell his expertise to his employer. You do what you do and have someone pay you for it. David Ryan invests and sell his expertise to whoever is willing to pay him to do it for them. - - Fanus - --- david frank wrote: > Ed, that is my point. if you have $2 million and > make 50% for 1 year-you have a million profit- using > your own account. Why put up with the headaches of > paperwork and people bellyaching about their money? > OPM used be the mantra in the real estate market. > most of those real estate gurus and people that i > knew in real estate- using other's people money- > went bankrupt. I lived pretty much lived in a > shack-when i met my wife-sold my rare book > collection to the university-bought my first > investment house. Never used OPM or borrowed from > the bank. never looked back-made good. Works the > same way in the stock market if one can become the > good investor. I believe Ann mentioned a couple of > classic statements that WON wrote that were in his > book-she posted these recently-very true statements. > thank you, david > ----- Original Message ----- > From: Edward W. Gjertsen II > To: canslim@lists.xmission.com > Sent: Monday, August 19, 2002 6:26 PM > Subject: RE: [CANSLIM] David Ryan > > > OPM (other people's money) provides leverage. In > a hedge fund environment, a General Partner can earn > 20% profit and 1% management fee. Utilizing OPM > will enhance a great investor's ability to make > money. It's not an altruistic pursuit. The downfall > (Read Cramer's and Marty Schwartz's book) is that > OPM brings about many more headaches. This is why > many in the hedge fund industry close up shop and > just trade for themselves, that is if they were > successful and did not just blow up. > > > > Ed Gjertsen II > > ed@macktracks.com > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf > Of david frank > Sent: Monday, August 19, 2002 6:31 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] David Ryan > > > > What I find interesting is that David Ryan, I > suppose you can call him a protege of WON, if he > made or makes that much money-why would he invest > other people's money? I can hardly keep up my own > personal acoounts. david > > ----- Original Message ----- > > From: Mathews, Craig > > To: 'canslim@lists.xmission.com' > > Sent: Monday, August 19, 2002 6:08 PM > > Subject: RE: [CANSLIM] David Ryan > > > > Hello Walter, > > > > He is managing private funds, I forget the exact > SEC designation, looking for 99 investors to invest > minimum of 500K each. I received a prospectus last > year, did not participate. > > > > Craig > > -----Original Message----- > From: Walter Wittesch > [mailto:waltw@socal.rr.com] > Sent: Sunday, August 18, 2002 1:38 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] David Ryan > > Ryan Capital Management > > 100 Wilshire Blvd > > Santa Monica, CA 90401-1110 > > Phone (310) 260-6805 > > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of J. Lobatto > Sent: Sunday, August 18, 2002 6:33 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] David Ryan > > Anyone know the whereabouts or whatabouts of > David Ryan? I do recall that he and WON started a > mutual fund several years ago that had mediocre > performance and that was bought out by a fund > family. Does he still manage money these days and if > so, anyone aware of a track record? > > > > Jon > > __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.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: Mon, 19 Aug 2002 22:00:20 -0400 From: "Tom Worley" Subject: [CANSLIM] for DGO subscribers in case you didn't notice, they have opened up a new tab for "Fund Center Beta" which is free for the moment. Just started to explore it, starts with the list of top performing funds (nice to see as bad as I am doing with my VR Fund, I am still beating all other small and micro cap funds I see there, as well as all indexes handily). it's late, I am tired, so won't explore it much tonight, but maybe other subscribers can start checking it out. Remember, the more criticisms we send DGO, the longer it is likely to stay in Beta (and free), so wring it dry 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. ------------------------------ Date: Mon, 19 Aug 2002 21:08:51 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] for DGO subscribers Hi Tom, Thanks for the heads-up.....hysterical when I first went to the site.....1st 5 funds listed as "top growth and income funds" were funds that *SHORT* the market. Must be a new definition of "growth and income"! Katherine - ----- Original Message ----- From: "Tom Worley" To: "CANSLIM" Sent: Monday, August 19, 2002 9:00 PM Subject: [CANSLIM] for DGO subscribers | in case you didn't notice, they have opened up a new tab for "Fund Center | Beta" which is free for the moment. Just started to explore it, starts with | the list of top performing funds (nice to see as bad as I am doing with my | VR Fund, I am still beating all other small and micro cap funds I see there, | as well as all indexes handily). | | it's late, I am tired, so won't explore it much tonight, but maybe other | subscribers can start checking it out. | | Remember, the more criticisms we send DGO, the longer it is likely to stay | in Beta (and free), so wring it dry | | 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. ------------------------------ Date: Mon, 19 Aug 2002 22:11:25 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] for DGO subscribers I noticed that the shorts were the elephants on the first list, no surprise, it's been mighty hard making money on the long side - ----- Original Message ----- From: "Katherine Malm" To: Sent: Monday, August 19, 2002 10:08 PM Subject: Re: [CANSLIM] for DGO subscribers Hi Tom, Thanks for the heads-up.....hysterical when I first went to the site.....1st 5 funds listed as "top growth and income funds" were funds that *SHORT* the market. Must be a new definition of "growth and income"! Katherine - ----- Original Message ----- From: "Tom Worley" To: "CANSLIM" Sent: Monday, August 19, 2002 9:00 PM Subject: [CANSLIM] for DGO subscribers | in case you didn't notice, they have opened up a new tab for "Fund Center | Beta" which is free for the moment. Just started to explore it, starts with | the list of top performing funds (nice to see as bad as I am doing with my | VR Fund, I am still beating all other small and micro cap funds I see there, | as well as all indexes handily). | | it's late, I am tired, so won't explore it much tonight, but maybe other | subscribers can start checking it out. | | Remember, the more criticisms we send DGO, the longer it is likely to stay | in Beta (and free), so wring it dry | | 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. - - - -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, 19 Aug 2002 22:13:08 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] CVH market orders are executed ahead of limit orders, limit orders ahead of stop orders - ----- Original Message ----- From: "Edward W. Gjertsen II" To: Sent: Monday, August 19, 2002 3:04 PM Subject: RE: [CANSLIM] CVH A problem with the buy stop limit order is it is placed low on the totem pole of execution. My understanding is that there is a hierarchy to which types of orders are filled first. This type of order is one of the last one's to be executed. You may want to check with your clearing firm, but I believe this to be the case. Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Scott Gettis Sent: Monday, August 19, 2002 12:17 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] CVH one approach would be to buy within limits with a buy stop limit order. That way u can prevent getting a bad fill and taking extra risk. - --Scott - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Edward W. Gjertsen II Sent: Monday, August 19, 2002 9:36 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] CVH One of the risks with CANSLIM - too many investors ready to pounce on too few stocks. We have been stalking CVH for quite a while. We put in an order prior to it reaching its pivot (cheating) when NYSE on level two showed $32.40 offer. As CANSLIMR's moved in to buy - the specialist did not open the book until $34.50. The specialist claimed "order imbalance" but my source at Pershing said he was working another book. We were quite upset The stock moved over $2.00 on an imbalance of 110,000 shs. The market maker was caught flatfooted. We quickly sold out of our position because we were over the 5% threshold. Those trading Island or other ECN's may have been filled around 32.40-32.50. We watch Time and Sales on all our fills and the only prints were coming from ECN's. With CANSLIM being one of the most popular strategies for individual investors, execution is becoming more and more difficult. Ed Gjertsen II ed@macktracks.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. ------------------------------ Date: Mon, 19 Aug 2002 22:15:29 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] CANSLIM Question: What is a VR Fund exactly, everything is real (including the SEC rules on qualifying as a "fund") except the money. managed at www.marketocracy.com - ----- Original Message ----- From: "Kelly Short" To: Sent: Monday, August 19, 2002 3:36 PM Subject: [CANSLIM] CANSLIM Question: What is a VR Fund Tom, I have seen you reference your "VR Fund" on numerous CANSLIM message board postings. Would you mind sharing with me what that stands for? Is that Virtual Reality Fund? Kelly - - - -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. ------------------------------ Date: Mon, 19 Aug 2002 22:18:00 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] CVH This is a multi-part message in MIME format. - ------=_NextPart_000_0099_01C247CE.47264280 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ed, I think the specialist is assigned a particular stock, or option, by = the exchange, not the company, unless things have changed when I was not = looking. - ----- Original Message -----=20 From: Edward W. Gjertsen II=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 19, 2002 3:13 PM Subject: RE: [CANSLIM] CVH As I posted earlier, we will vote with our order flow, which will be = away from the specialist. A good way to get a specialist in hot water = is to complain to the public company itself. A specialist is appointed = by the company to make a market in its stock. Should enough people = complain to CVH, they may take action. Canslimers will run into these = problems time and again, as I always suggest, take the high road. =20 Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Gene Ricci Sent: Monday, August 19, 2002 2:11 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CVH Ed, why suggest malfeasance and not file a complaint? ----- Original Message -----=20 From: Edward W. Gjertsen II=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 19, 2002 1:56 PM Subject: RE: [CANSLIM] CVH We had our representative on the NYSE floor go and speak with the specialist - he hid behind "order imbalance" - floor rules. We were asked if we wanted to file a complaint - we decided no. There will be many more battles like this. What is does do is make us look at alternatives. Like I mentioned in an earlier post - Island and other ECN's would have given us a fill around 32.50. So we are exploring = our execution options. Our CANSLIM philosophy is broken down into three simple parts: Analysis, Money Management and Execution. This time, = the 3rd element, execution, was the weakest link. So , instead of complaining about it, we are doing what American's do best, head to = the competition with a better product. Ed Gjertsen II ed@macktracks.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of david frank Sent: Monday, August 19, 2002 1:29 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CVH I got caught in this so-called CVH inbalanced. luckily i had a limit order in place. although limit orders don't work sometimes- because they = don't have to execute limit orders, although they are within the price = window. of course. there were too many eyes on CVH. i was curious what kind of remedy is there for this specialist's malfeasance, especially for buyers @ 34.50 and above- more than 10 minutes after placing their market orders. = david ----- Original Message ----- From: "Edward W. Gjertsen II" To: Sent: Monday, August 19, 2002 11:36 AM Subject: RE: [CANSLIM] CVH > One of the risks with CANSLIM - too many investors ready to pounce = on > too few stocks. We have been stalking CVH for quite a while. We = put in > an order prior to it reaching its pivot (cheating) when NYSE on = level > two showed $32.40 offer. As CANSLIMR's moved in to buy - the specialist > did not open the book until $34.50. The specialist claimed "order > imbalance" but my source at Pershing said he was working another = book. > We were quite upset The stock moved over $2.00 on an imbalance of > 110,000 shs. The market maker was caught flatfooted. We quickly = sold > out of our position because we were over the 5% threshold. > > Those trading Island or other ECN's may have been filled around > 32.40-32.50. We watch Time and Sales on all our fills and the only > prints were coming from ECN's. With CANSLIM being one of the most > popular strategies for individual investors, execution is becoming more > and more difficult. > > Ed Gjertsen II > ed@macktracks.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. - ------=_NextPart_000_0099_01C247CE.47264280 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ed, I think the specialist is assigned a = particular stock,=20 or option, by the exchange, not the company, unless things have changed = when I=20 was not looking.
 
----- Original Message -----=20
From: Edward W. = Gjertsen=20 II
Sent: Monday, August 19, 2002 3:13 PM
Subject: RE: [CANSLIM] CVH

As I posted earlier, we will vote = with our=20 order flow, which will be away from the specialist.  A good way to = get a=20 specialist in hot water is to complain to the public company = itself.  A=20 specialist is appointed by the company to make a market in its = stock. =20 Should enough people complain to CVH, they may take action. =20 Canslimers will run into = these=20 problems time and again, as I always suggest, take the high road. =20

 

Ed Gjertsen II

ed@macktracks.com

-----Original=20 Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com] On Behalf Of Gene = Ricci
Sent: Monday, August 19, 2002 = 2:11=20 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 CVH

 

Ed, why=20 suggest malfeasance and not file a = complaint?

 

 

----- Original Message = - -----=20

From: Edward W. = Gjertsen=20 II

To: canslim@lists.xmission.com= =20

Sent: Monday,=20 August 19, 2002 1:56 PM

Subject: RE:=20 [CANSLIM] CVH

 

We had our representative on = the NYSE=20 floor go and speak with the
specialist - he hid behind "order = imbalance" -=20 floor rules.  We were
asked if we wanted to file a complaint - = we=20 decided no.  There will be
many more battles like this.  = What is=20 does do is make us look at
alternatives.  Like I mentioned in = an=20 earlier post - Island and other
ECN's would have given us a fill = around=20 32.50.  So we are exploring our
execution options.  Our = CANSLIM=20 philosophy is broken down into three
simple parts: Analysis, Money=20 Management and Execution.  This time, the
3rd element, = execution, was=20 the weakest link.  So , instead of
complaining about it, we = are doing=20 what American's do best, head to the
competition with a better=20 product.

Ed Gjertsen II
ed@macktracks.com

-----Origi= nal=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of david frank
Sent: Monday, August 19, 2002 1:29 = PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] CVH

I got caught in this so-called CVH = inbalanced.=20 luckily i had a limit
order
in place. although limit orders = don't work=20 sometimes- because they don't
have to execute limit orders, = although they=20 are within the price window.
of
course. there were too many eyes = on CVH.=20 i was curious what kind of
remedy
is there for this specialist's = malfeasance, especially for buyers @
34.50
and above- more than = 10=20 minutes after placing their market orders. david
----- Original = Message=20 -----
From: "Edward W. Gjertsen II" <ed@macktracks.com>
To: = <canslim@lists.xmission.com= >
Sent:=20 Monday, August 19, 2002 11:36 AM
Subject: RE: [CANSLIM] = CVH


>=20 One of the risks with CANSLIM -  too many investors ready to = pounce=20 on
> too few stocks.  We have been stalking CVH for quite a = while.  We put
in
> an order prior to it reaching its = pivot=20 (cheating) when NYSE on level
> two showed $32.40 offer.  = As=20 CANSLIMR's moved in to buy - the
specialist
> did not open = the book=20 until $34.50.  The specialist claimed "order
> imbalance" = but my=20 source at Pershing said he was working another book.
> We were = quite=20 upset  The stock moved over $2.00 on an imbalance of
> = 110,000=20 shs.  The market maker was caught flatfooted.  We quickly=20 sold
> out of our position because we were over the 5%=20 threshold.
>
> Those trading Island or other ECN's may = have been=20 filled around
> 32.40-32.50.  We watch Time and Sales on = all our=20 fills and the only
> prints were coming from ECN's.  With = CANSLIM=20 being one of the most
> popular strategies for individual = investors,=20 execution is becoming
more
> and more = difficult.
>
> Ed=20 Gjertsen II
> ed@macktracks.com
>
>>=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=20 email.

- ------=_NextPart_000_0099_01C247CE.47264280-- - - - -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, 19 Aug 2002 22:34:04 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] David Ryan This is a multi-part message in MIME format. - ------=_NextPart_000_011A_01C247D0.85EA4E10 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable people putting half a million at risk under someone else's management = rarely complain, they knew the risks, took the chance (greed factor) and = vote with their money if not happy with the performance. they also tend to be people too busy with their own successful careers = to manage the markets on a daily basis, all too glad to have someone = else do the worrying and make the decisions, just give them a quarterly = performance report. tend to be in for the long term, just got to keep = them focused on the overall portfolio, not the individual pieces. - ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 19, 2002 8:11 PM Subject: Re: [CANSLIM] David Ryan Ed, that is my point. if you have $2 million and make 50% for 1 year-you = have a million profit- using your own account. Why put up with the = headaches of paperwork and people bellyaching about their money? OPM = used be the mantra in the real estate market. most of those real estate = gurus and people that i knew in real estate- using other's people money- = went bankrupt. I lived pretty much lived in a shack-when i met my = wife-sold my rare book collection to the university-bought my first = investment house. Never used OPM or borrowed from the bank. never looked = back-made good. Works the same way in the stock market if one can become = the good investor. I believe Ann mentioned a couple of classic = statements that WON wrote that were in his book-she posted these = recently-very true statements. thank you, david ----- Original Message -----=20 From: Edward W. Gjertsen II=20 To: canslim@lists.xmission.com=20 Sent: Monday, August 19, 2002 6:26 PM Subject: RE: [CANSLIM] David Ryan OPM (other people's money) provides leverage. In a hedge fund = environment, a General Partner can earn 20% profit and 1% management = fee. Utilizing OPM will enhance a great investor's ability to make = money. It's not an altruistic pursuit. The downfall (Read Cramer's and = Marty Schwartz's book) is that OPM brings about many more headaches. = This is why many in the hedge fund industry close up shop and just trade = for themselves, that is if they were successful and did not just blow = up. Ed Gjertsen II ed@macktracks.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of david frank Sent: Monday, August 19, 2002 6:31 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] David Ryan What I find interesting is that David Ryan, I suppose you can call him = a protege of WON, if he made or makes that much money-why would he = invest other people's money? I can hardly keep up my own personal = acoounts. david ----- Original Message -----=20 From: Mathews, Craig=20 To: 'canslim@lists.xmission.com'=20 Sent: Monday, August 19, 2002 6:08 PM Subject: RE: [CANSLIM] David Ryan Hello Walter, He is managing private funds, I forget the exact SEC designation, = looking for 99 investors to invest minimum of 500K each. I received a = prospectus last year, did not participate. Craig -----Original Message----- From: Walter Wittesch [mailto:waltw@socal.rr.com] Sent: Sunday, August 18, 2002 1:38 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] David Ryan Ryan Capital Management 100 Wilshire Blvd Santa Monica, CA 90401-1110 Phone (310) 260-6805 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of J. Lobatto Sent: Sunday, August 18, 2002 6:33 AM To: canslim@lists.xmission.com Subject: [CANSLIM] David Ryan Anyone know the whereabouts or whatabouts of David Ryan? I do = recall that he and WON started a mutual fund several years ago that had = mediocre performance and that was bought out by a fund family. Does he = still manage money these days and if so, anyone aware of a track record? Jon - ------=_NextPart_000_011A_01C247D0.85EA4E10 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
people putting half a million at risk under = someone else's=20 management rarely complain, they knew the risks, took the chance (greed = factor)=20 and vote with their money if not happy with the = performance.
 
they also tend to be people too busy with their = own=20 successful careers to manage the markets on a daily basis, all too glad = to have=20 someone else do the worrying and make the decisions, just give them a = quarterly=20 performance report. tend to be in for the long term, just got to keep = them=20 focused on the overall portfolio, not the individual = pieces.
 
----- Original Message -----=20
From: david=20 frank
Sent: Monday, August 19, 2002 8:11 PM
Subject: Re: [CANSLIM] David Ryan

Ed, that is my point. if you have $2 = million and=20 make 50% for 1 year-you have a million profit- using your own account. = Why put=20 up with the headaches of paperwork and people bellyaching about their = money? OPM=20 used be the mantra in the real estate market. most of those real estate = gurus=20 and people that i knew in real estate- using other's people = money-=20 went bankrupt. I lived pretty much lived in a shack-when i met my = wife-sold my=20 rare book collection to the university-bought my first investment house. = Never=20 used OPM or borrowed from the bank. never looked back-made good. Works = the same=20 way in the stock market if one can become the good investor. I believe=20 Ann mentioned a couple of classic statements  that=20 WON wrote that were in his book-she posted these recently-very = true=20 statements. thank you, david
----- Original Message -----
From:=20 Edward = W. Gjertsen=20 II
Sent: Monday, August 19, 2002 = 6:26=20 PM
Subject: RE: [CANSLIM] David = Ryan

OPM (other people=92s money) = provides=20 leverage.  In a hedge fund environment, a General Partner can = earn 20%=20 profit and 1% management fee.  Utilizing OPM will enhance a great = investor=92s ability to make money.  It=92s not an altruistic = pursuit. The=20 downfall (Read Cramer=92s and Marty Schwartz=92s book) is that OPM = brings about=20 many more headaches.  This is why many in the hedge fund industry = close=20 up shop and just trade for themselves, that is if they were successful = and did=20 not just blow up.

 

Ed Gjertsen = II

ed@macktracks.com

-----Original=20 Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of david=20 frank
Sent: Monday, = August=20 19, 2002 6:31 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] David=20 Ryan

 

What I find interesting=20 is that David Ryan, I suppose you can call him a protege of = WON, if=20 he made or makes that much money-why would  he invest other = people's=20 money? I can hardly keep up my own personal acoounts.=20 david

----- Original Message = - -----=20

From: Mathews,=20 Craig

To: 'canslim@lists.xmission.com'= =20

Sent: Monday,=20 August 19, 2002 6:08 PM

Subject: RE:=20 [CANSLIM] David Ryan

 

Hello=20 Walter,

 

He is=20 managing private funds, I forget the exact SEC designation, looking = for 99=20 investors to invest minimum of 500K each.  I received a = prospectus last=20 year, did not participate.

 

Craig

-----Original=20 Message-----
From: Walter=20 Wittesch [mailto:waltw@socal.rr.com]
Sent: Sunday, August 18, 2002 = 1:38=20 PM
To: canslim@lists.xmission.com=
Subject: RE: [CANSLIM] David=20 Ryan

Ryan=20 Capital Management

100=20 Wilshire Blvd

Santa=20 Monica, CA 90401-1110

Phone=20 (310) 260-6805

 

-----Original=20 Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of J. = Lobatto
Sent: Sunday, August 18, = 2002 6:33=20 AM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] David=20 Ryan

Anyone know the=20 whereabouts or whatabouts of David Ryan? I do recall that he and = WON=20 started a mutual fund several years ago that had mediocre = performance and=20 that was bought out by a fund family. Does he still manage money = these=20 days and if so, anyone aware of a track = record?

 

Jon

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