From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #295 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Monday, June 22 1998 Volume 02 : Number 295 In this issue: Re: [CANSLIM] Your file [CANSLIM] Re: Your file (apology, can delete) [CANSLIM] Daily Graphs Online [CANSLIM] Re: (Connie) Abby Joseph Cohen Recommendations [CANSLIM] (Off Topic Slightly) Cramer on AMZN Re: [CANSLIM] TA OBV [CANSLIM] NRVH Insider Selling Re: [CANSLIM] TELESCAN Weekend review scan [CANSLIM] Re: canslim-digest V2 #294 Re: [CANSLIM] Daily Graphs Online Re: [CANSLIM] Daily Graphs Online Re: [CANSLIM] Daily Graphs Online Re: [CANSLIM] Re: canslim-digest V2 #294 Re: [CANSLIM] Daily Graphs Online Re: [CANSLIM] NRVH Insider Selling [CANSLIM] Not CANSLIM - Yen, Asian mkts, and Nasdaq 100 futures [CANSLIM] USNA Re: [CANSLIM] NRVH Insider Selling Re: [CANSLIM] USNA [CANSLIM] "M" and the Yen Intervention Re: [CANSLIM] "M" and the Yen Intervention Re: [CANSLIM] Not CANSLIM - Tom's comments on Yen, Asian mkts, and Nasdaq 100 futures [CANSLIM] Complelety off topic: How to get rid of this hooters? [CANSLIM] SEC forms ---------------------------------------------------------------------- Date: Sun, 21 Jun 1998 09:39:10 -0400 From: "Gary M. Pess" Subject: Re: [CANSLIM] Your file Dan, I'd be interested in receiving the file. Thanks, Gary Pess Dan Sutton wrote: > And lastly, I have quite a few of the messages from Ian's AOL forum from the > last year or so in an MS Access database file. The file is about 1,400K and > contains almost 300 records, about half of them pertain to Ian. Each record > may vary from 1 sentence to 5 pages long. The file also contains information > and key points from various books I have read. This is NOT a professional > database, it is my personal notebook and contains only the information I > found interesting or helpful. If any one wants a copy of the file E-mail me > privately (do not reply to the group). It is in MS Access format and in > order to be opened and used it requires MS Access 97... - - ------------------------------ Date: Sun, 21 Jun 1998 09:44:06 -0400 From: "Gary M. Pess" Subject: [CANSLIM] Re: Your file (apology, can delete) Please don't flame me, I thought I was replying to Dan, not the whole group. Gary Pess - - ------------------------------ Date: Sun, 21 Jun 1998 11:21:24 -0400 From: "Tom Worley" Subject: [CANSLIM] Daily Graphs Online Members, I am now back to being a fully functional subscriber to DG Online. Noted some further improvements. There is now a list under the Reports key for "IBD Stock Index" which lists those stocks mentioned/featured in the current IBD (in today's case, the Monday 6/22 issue). There is also a new report which I first thought was the "new highs" list I had asked for, but is in fact a list of stocks within 5% of their high. Its the closest DG has come to providing any kind of "screen", and is described as "equities that closed within 5% or less of their 52 week price high during the prior week of trading. At the week close, all stocks had a RS and EPS of 80 or above as well as an A/D of C or better. Current price close, RS, EPS and A/D are updated daily. Week high and 52 week high are as of the most recent Friday". All this data is displayed in the report so it is easy to visually scan. I added this latest list to my "sources" for looking for candidates for my watch list. FWIW, found a lot of nice looking charts, and added more to my watch list from here, than I did looking at last weeks new highs (and I only looked at stocks under $20/share). A nice "value added" to what I already expected to get from my cost for DGO. Tom W - - ------------------------------ Date: Sun, 21 Jun 1998 10:38:15 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] Re: (Connie) Abby Joseph Cohen Recommendations Frank Wolynski, Thanks for the information. Will read the article. Regards, Mary - - ------------------------------ Date: Sun, 21 Jun 1998 12:57:32 -0400 From: Craig Griffin Subject: [CANSLIM] (Off Topic Slightly) Cramer on AMZN Why AMZN just goes up ... http://fnews.yahoo.com/street/98/06/19/wrong_980619.html - - ------------------------------ Date: Sun, 21 Jun 1998 11:35:21 -0700 (PDT) From: Tannis Malone Subject: Re: [CANSLIM] TA OBV I am interested in OVB (something I had never heard of before this list). A friend loaned me a book by Eng which has a chapter on OBV. I plan on setting up a table as is described in the book (in Access/Excel) to get some hand's-on experience so I can see where the figure comes from. I guess, it is a step beyond memorizing the definition. In this chapter, Eng mentions velocity and defines it as the "day's cumulative volume figure divided by the total capitalization of the stock". What is this information telling us? What does this type of velocity mean? I'm used to velocity using speed, time and distance. This Eng velocity seems to be related to the numbers of shares and the price. Thank you for your patience while I am in this accumulation phase of learning. _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Sun, 21 Jun 1998 15:24:17 -0400 From: Al French Subject: [CANSLIM] NRVH Insider Selling National Recreational Vehicle Holdings has been mentioned several times by members of the CS list. Two NRVH directors have been selling heavily. See http://biz.yahoo.com/t/n/nrvh.html Al French - - ------------------------------ Date: Sun, 21 Jun 1998 16:15:52 -0400 From: Ari Lawson Subject: Re: [CANSLIM] TELESCAN Weekend review scan DAN,I would also like a copy of the excel file,I'm at,arilaw@erols.com Thanks Ari - - ------------------------------ Date: Sun, 21 Jun 1998 16:11:30 -0500 From: "Jim Noetzel" Subject: [CANSLIM] Re: canslim-digest V2 #294 I'll throw one up, though it might not be a pure fit to CANSLIM...comments are more than welcome ASE American Science and Engineering (Develops, produces, markets, sells and provides research and engineering services with respect to X-ray inspection systems.) http://www.as-e.com C = $0.52 vs $0.12 (but this is an inflated value due to a tax benefit - only went to about $0.14) A = haven't had 5 years yet for this, but they are increasing N = new management, newly patented and proprietary technology for xray detection. S = 4.66 million with a float of 4.1 million L = MSN gives it a Relative strength of 91, 86, & 89 over 3,6 & 12 months, respectively I = 17 institutional holders M = up, down, who knows..... something to chew on Jim Noetzel - - ------------------------------ Date: Sun, 21 Jun 1998 17:12:27 -0700 (PDT) From: rolatzi Subject: Re: [CANSLIM] Daily Graphs Online Tom: Those of us who can't afford DGO and the rest of us who are always looking for new possibilities would appreciate it if you posted some of your latest possible CANSLIM stocks. Thanks. Ciao, Rolatzi - ---Tom Worley wrote: > > Members, > I am now back to being a fully functional subscriber to DG Online. > Noted some further improvements. There is now a list under the Reports > key for "IBD Stock Index" which lists those stocks mentioned/featured > in the current IBD (in today's case, the Monday 6/22 issue). There is > also a new report which I first thought was the "new highs" list I had > asked for, but is in fact a list of stocks within 5% of their high. > Its the closest DG has come to providing any kind of "screen", and is > described as "equities that closed within 5% or less of their 52 week > price high during the prior week of trading. At the week close, all > stocks had a RS and EPS of 80 or above as well as an A/D of C or > better. Current price close, RS, EPS and A/D are updated daily. Week > high and 52 week high are as of the most recent Friday". All this data > is displayed in the report so it is easy to visually scan. > > I added this latest list to my "sources" for looking for candidates > for my watch list. FWIW, found a lot of nice looking charts, and added > more to my watch list from here, than I did looking at last weeks new > highs (and I only looked at stocks under $20/share). > > A nice "value added" to what I already expected to get from my cost > for DGO. > > Tom W > > > > - > > _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Sun, 21 Jun 1998 20:50:33 -0400 From: Ari Lawson Subject: Re: [CANSLIM] Daily Graphs Online Tom, Which subscription do you have with DGO,I have the monthly nasdaq(green book)plus,of corse,DGO. Thanks Ari Tom Worley wrote: > Members, > I am now back to being a fully functional subscriber to DG Online. > Noted some further improvements. There is now a list under the Reports > key for "IBD Stock Index" which lists those stocks mentioned/featured > in the current IBD (in today's case, the Monday 6/22 issue). There is > also a new report which I first thought was the "new highs" list I had > asked for, but is in fact a list of stocks within 5% of their high. > Its the closest DG has come to providing any kind of "screen", and is > described as "equities that closed within 5% or less of their 52 week > price high during the prior week of trading. At the week close, all > stocks had a RS and EPS of 80 or above as well as an A/D of C or > better. Current price close, RS, EPS and A/D are updated daily. Week > high and 52 week high are as of the most recent Friday". All this data > is displayed in the report so it is easy to visually scan. > > I added this latest list to my "sources" for looking for candidates > for my watch list. FWIW, found a lot of nice looking charts, and added > more to my watch list from here, than I did looking at last weeks new > highs (and I only looked at stocks under $20/share). > > A nice "value added" to what I already expected to get from my cost > for DGO. > > Tom W > > - - - ------------------------------ Date: Sun, 21 Jun 1998 21:08:38 -0400 From: Ari Lawson Subject: Re: [CANSLIM] Daily Graphs Online Sorry, I'm trying to catch up on my E-mail from the bottom,what is FWIW? Tom Worley wrote: > Members, > I am now back to being a fully functional subscriber to DG Online. > Noted some further improvements. There is now a list under the Reports > key for "IBD Stock Index" which lists those stocks mentioned/featured > in the current IBD (in today's case, the Monday 6/22 issue). There is > also a new report which I first thought was the "new highs" list I had > asked for, but is in fact a list of stocks within 5% of their high. > Its the closest DG has come to providing any kind of "screen", and is > described as "equities that closed within 5% or less of their 52 week > price high during the prior week of trading. At the week close, all > stocks had a RS and EPS of 80 or above as well as an A/D of C or > better. Current price close, RS, EPS and A/D are updated daily. Week > high and 52 week high are as of the most recent Friday". All this data > is displayed in the report so it is easy to visually scan. > > I added this latest list to my "sources" for looking for candidates > for my watch list. FWIW, found a lot of nice looking charts, and added > more to my watch list from here, than I did looking at last weeks new > highs (and I only looked at stocks under $20/share). > > A nice "value added" to what I already expected to get from my cost > for DGO. > > Tom W > > - - - ------------------------------ Date: Sun, 21 Jun 1998 22:17:48 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Re: canslim-digest V2 #294 Jim, ASE has some possibilities, despite trading on AMEX. The co has been around for a lot of years, here's DGO's earnings since 1992: 92 (.10) 93 .41 94 (.83) including a non recurring 95 (.23) 96 .18 97 .40 98 .95 including a sizable non recurring gain year ends March estimate for current year (1999) is .66, which is down but would likely be up slightly if the non-recurring gain from 98 was not counted. DGO shows ADV at 12,400 (I suspect in part because of trading on AMEX, as well as the small float). Also shows funds at 4%, banks at 2% and management (reflecting at least in part the age of the corp) at 5%. Up/down is 1.6, Timeliness at A and A/D at B. GRS doesn't help at 17. ASE is #1 in its group (Electronics-Scientific Instruments) followed by OCLI, EGG, NEWP, CEMX and MKA. Tom W - -----Original Message----- From: Jim Noetzel To: canslim@lists.xmission.com Date: Sunday, June 21, 1998 5:09 PM Subject: [CANSLIM] Re: canslim-digest V2 #294 >I'll throw one up, though it might not be a pure fit to CANSLIM...comments >are more than welcome > >ASE > >American Science and Engineering (Develops, produces, markets, sells and >provides research and engineering services with respect to X-ray inspection >systems.) > >http://www.as-e.com > >C = $0.52 vs $0.12 (but this is an inflated value due to a tax benefit - >only went to about $0.14) > >A = haven't had 5 years yet for this, but they are increasing > >N = new management, newly patented and proprietary technology for xray >detection. > >S = 4.66 million with a float of 4.1 million > >L = MSN gives it a Relative strength of 91, 86, & 89 over 3,6 & 12 months, >respectively > >I = 17 institutional holders > >M = up, down, who knows..... > >something to chew on > >Jim Noetzel > > >- > - - ------------------------------ Date: Sun, 21 Jun 1998 22:43:31 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Daily Graphs Online I won't be posting my picks or watch list till I get done with my current testing. Since I am only buying thinly traded small and micro cap stocks, I don't want to bias the results by having any members in the group buying one of mine because of my posting it. When I get done with the testing, and can report results, I will again start posting my watch list. As for affording DGO, the online and printed charts and MACD put me into TMBS at 20.25 (could only afford 200 shares). But that trade alone has already paid for my cost for a full year of DGO. It works for me, thus I must have it. If you can find other cheaper sources on the net that work for you, that's great. But I am just too accustomed to DG charts to change now. Tom W - -----Original Message----- From: rolatzi To: canslim@lists.xmission.com Date: Sunday, June 21, 1998 8:06 PM Subject: Re: [CANSLIM] Daily Graphs Online >Tom: >Those of us who can't afford DGO and the rest of us who are always >looking for new possibilities would appreciate it if you posted some >of your latest possible CANSLIM stocks. Thanks. >Ciao, >Rolatzi > >---Tom Worley wrote: >> >> Members, >> I am now back to being a fully functional subscriber to DG Online. >> Noted some further improvements. There is now a list under the Reports >> key for "IBD Stock Index" which lists those stocks mentioned/featured >> in the current IBD (in today's case, the Monday 6/22 issue). There is >> also a new report which I first thought was the "new highs" list I had >> asked for, but is in fact a list of stocks within 5% of their high. >> Its the closest DG has come to providing any kind of "screen", and is >> described as "equities that closed within 5% or less of their 52 week >> price high during the prior week of trading. At the week close, all >> stocks had a RS and EPS of 80 or above as well as an A/D of C or >> better. Current price close, RS, EPS and A/D are updated daily. Week >> high and 52 week high are as of the most recent Friday". All this data >> is displayed in the report so it is easy to visually scan. >> >> I added this latest list to my "sources" for looking for candidates >> for my watch list. FWIW, found a lot of nice looking charts, and added >> more to my watch list from here, than I did looking at last weeks new >> highs (and I only looked at stocks under $20/share). >> >> A nice "value added" to what I already expected to get from my cost >> for DGO. >> >> Tom W >> >> >> >> - >> >> > >_________________________________________________________ >DO YOU YAHOO!? >Get your free @yahoo.com address at http://mail.yahoo.com > > >- > - - ------------------------------ Date: Sun, 21 Jun 1998 22:37:16 -0500 From: Dave Cameron Subject: Re: [CANSLIM] NRVH Insider Selling Al French wrote: > > National Recreational Vehicle Holdings has been mentioned several times > by members of the CS list. Two NRVH directors have been selling > heavily. Interesting. I went to the site you mentioned. From the graph, the stock seems to be behaving quite nicely - basing between 36ish and 42ish. Certainly the director that sold over 3 million dollars worth of shares (and only has 40K shares left) either thinks he knows something, or just bought a nice, expensive home in the Cayman Islands. This could be one to watch and see what transpires. Why? As a case to "how important is insider selling". I've found that after insider buying, CANSLIM stocks tend to go up, but for selling it is a bit more tenuous. > > See http://biz.yahoo.com/t/n/nrvh.html > > Al French > > - - - ------------------------------ Date: Sun, 21 Jun 1998 23:32:42 -0400 From: "Tom Worley" Subject: [CANSLIM] Not CANSLIM - Yen, Asian mkts, and Nasdaq 100 futures Noted a sharp reversal in the Nasdaq 100 futures in the past hour. From down over 10 pts, now up a couple. S&P500 remain mostly unchanged in the same interval at down about 1.5 pts. Japan up marginally altho yen down a little. From what I read over the weekend, the meeting of US and other G7 Deputy Finance types with their Japanese counterparts was largely talk and a lot of promises with little specifics or time frame. The rest of Asia doesn't seem to be sharing in the Japanese optimism that the worst is over now that the US Treasury has spent $2 billion of taxpayer money buying yen. I see no evidence suggesting that any other members of G7 will be so foolhardy with their cash. It now becomes a political question of whether the US will continue to squander our money in a futile effort to prevent, ultimately, China (the current most favored nation) from having to devalue its currency. My guess is yes. Clinton is committed to helping smooze China, just this weekend he proposed giving them permanent "most favored nation" instead of having to undergo annual scrutiny of their human rights issues before getting another year of this status. And this right before his visit to China, while Congress opens another inquiry into his licensing of rocket and satellite technology to China. Bailing out Japan appears to me to be more a proxy for direct assistance to China, which is not so politically popular. Tom W - - ------------------------------ Date: Sun, 21 Jun 1998 22:38:40 -0500 From: Dave Cameron Subject: [CANSLIM] USNA Group, I own USNA. I recently found out that the founder owns over 50% of the stock. I knew (from Daily Graphs) that the % owned by management was sizable, but did not expect it to be primarily in one man's hands. Anyone have any thoughts on this? Dave Cameron - - ------------------------------ Date: Mon, 22 Jun 1998 00:45:28 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] NRVH Insider Selling When a "director" sells, it tends to be more a case of selling "in the money" options for a nice gain than a decision based on anything happening with the company. I get more concerned when i see the CEO, COO, Chairman etc selliing at the same time. Makes me think the board meetings are not so pleasant. Remember that directors don't typically make a lot of money from serving as director, their gain comes from stock options. The key for me in evaluating "insider" selling (and directors are often not functionally an insider) is whether it was selling of shares they directly owned or was the exercise of options (in which they have zero cost basis, and may be coming up on expiration). Tom W - -----Original Message----- From: Dave Cameron To: canslim@lists.xmission.com Date: Sunday, June 21, 1998 11:36 PM Subject: Re: [CANSLIM] NRVH Insider Selling >Al French wrote: >> >> National Recreational Vehicle Holdings has been mentioned several times >> by members of the CS list. Two NRVH directors have been selling >> heavily. > > >Interesting. I went to the site you mentioned. From the graph, the stock >seems to be behaving quite nicely - basing between 36ish and 42ish. Certainly >the director that >sold over 3 million dollars worth of shares (and only has 40K shares left) >either thinks he knows something, or just bought a nice, expensive home in the >Cayman Islands. > >This could be one to watch and see what transpires. Why? As a case to "how >important >is insider selling". I've found that after insider buying, CANSLIM stocks >tend to go up, but for selling it is a bit more tenuous. > > >> >> See http://biz.yahoo.com/t/n/nrvh.html >> >> Al French >> >> - > >- > - - ------------------------------ Date: Mon, 22 Jun 1998 00:39:21 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] USNA Dave, you can make money off someone else's personal "fiefdom", for example look at what King Wayne Huizenga did with Waste Management, Blockbuster Video, the Panthers, yada yada etc. Or look at what Arison did with Carnival Cruise Lines, for a further example. The key is what the individual is doing with the corp. Go visit the SEC site and see if he is selling (not that is automatically a negative). Looking at sales and earnings of USNA, seems management is doing a good job. So long as management is willing to increase their net worth thru the increased value of shares they hold, vice salaries and perks, I don't get too worried, even if they sell a small portion of their holdings. I would also assess the age and health (if known) of the founder and the likelihood of him stepping down in the near future, thus potentially casting his shares onto the mkt. This is more likely if he is becoming a figure head, rather than a working manager. Tom W - -----Original Message----- From: Dave Cameron To: canslim@lists.xmission.com Date: Sunday, June 21, 1998 11:37 PM Subject: [CANSLIM] USNA >Group, > >I own USNA. I recently found out that the founder owns over 50% of >the stock. I knew (from Daily Graphs) that the % owned by management >was sizable, but did not expect it to be primarily in one man's hands. > >Anyone have any thoughts on this? > >Dave Cameron > >- > - - ------------------------------ Date: Mon, 22 Jun 1998 06:40:40 -0400 From: "Tom Worley" Subject: [CANSLIM] "M" and the Yen Intervention The US intervention in support of the yen, which so far appears to be not only failing to cause fundamental change in Japan but also isn't supporting the yen that much (US/yen up 4 yen overnight to 138.2), is likely to keep the mkts in turmoil for some time. Asia once again had a poor showing, almost every exchange down at least 1%, with Hong Kong suffering the greatest losses. In Europe, almost every exchange is down around 1%. Futures are currently showing off 2-3 pts, so not doing as badly, but that could easily change in the next 3 hours. Japan has an election coming up in about two weeks, present powers are expected to win even tho support at very low levels. I find it interesting that Clinton is flying half way round the world to make a 3 or 4 city visit to China, but on the way home is flying over (without visiting) an old ally, Taiwan. Likewise, he is flying past Japan without visiting as well. A visit by him right before elections could certainly bolster the standing of the govt, and would appear to be a worthwhile committment along with our $2 billion tax dollars already spent for yen. If I'm confused about his political agenda (hidden or otherwise), then I suspect so are most people. If would almost seem as if he's having an affair with China, and the takeover of Taiwan by China could be the next element (the only place Clinton is visiting aside from mainland China is Hong Kong, now a Chinese possession). In the process, I have to wonder if Clinton has already written off Japan as part of the Asian leadership. "M" hates uncertainty and confusion, but this may well be what we have to deal with for the next several weeks. Meanwhile, neg pre-announcements of earnings surprises continue, likely we will surpass the number we got last qtr in the several weeks to go. Tom W - - ------------------------------ Date: Mon, 22 Jun 1998 05:31:45 -0700 (PDT) From: Tannis Malone Subject: Re: [CANSLIM] "M" and the Yen Intervention " If I'm confused about his political agenda (hidden or otherwise), then > I suspect so are most people. If would almost seem as if he's having > an affair with China" I'm wondering if he is going because he has a story that he wants to come out a certain way and face to face meetings are the best way to make that happen. - ---Tom Worley wrote: > > The US intervention in support of the yen, which so far appears to be > not only failing to cause fundamental change in Japan but also isn't > supporting the yen that much (US/yen up 4 yen overnight to 138.2), is > likely to keep the mkts in turmoil for some time. Asia once again had > a poor showing, almost every exchange down at least 1%, with Hong Kong > suffering the greatest losses. In Europe, almost every exchange is > down around 1%. Futures are currently showing off 2-3 pts, so not > doing as badly, but that could easily change in the next 3 hours. > > Japan has an election coming up in about two weeks, present powers are > expected to win even tho support at very low levels. I find it > interesting that Clinton is flying half way round the world to make a > 3 or 4 city visit to China, but on the way home is flying over > (without visiting) an old ally, Taiwan. Likewise, he is flying past > Japan without visiting as well. A visit by him right before elections > could certainly bolster the standing of the govt, and would appear to > be a worthwhile committment along with our $2 billion tax dollars > already spent for yen. > >, and the takeover of Taiwan by China could be the > next element (the only place Clinton is visiting aside from mainland > China is Hong Kong, now a Chinese possession). In the process, I have > to wonder if Clinton has already written off Japan as part of the > Asian leadership. > > "M" hates uncertainty and confusion, but this may well be what we have > to deal with for the next several weeks. Meanwhile, neg > pre-announcements of earnings surprises continue, likely we will > surpass the number we got last qtr in the several weeks to go. > > Tom W > > > > - > > _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 22 Jun 98 06:38:37 PDT From: "Walter Stock" Subject: Re: [CANSLIM] Not CANSLIM - Tom's comments on Yen, Asian mkts, and Nasdaq 100 futures >From our Canadian perspective, events at the US Treasury look curious indeed. On Tuesday, the Treasury Sec'y says that only Japan can solve Japan's currency problems. On Wednesday, the same sec'y intervenes to boost Japan's currency. As Tom noted in an earlier e-mail, if promises had been extracted from the Japanese gov't to finally tackle real reforms, then all of this might make sense. Yet the Japanese Government says that real reform will have to wait until after the July elections at the earli= est. On Friday morning, Clinton parrots the same line !! The key is in Tom's observation that no other members of the G7 intervened to support the Yen, nor is there any evidence that they wil= l. The fact is that one or more probably would have intervened if pressed (especially the UK). Seems like they weren't asked. Why would they not be enlisted, you wonder? Well... pardon my cynicism, but if you know in advance that the Japanese are not really going to deliver, you certainly don't want to enl= ist your G7 partners in something that will come to embarrass them and you, = do you ?? But... you note innocently, why intervene to support the yen if you think that the effort is mainly for show? Hmmm... could naughty politic= s have anything to do with the answer?? Would a failure to support the Yen displease the Chinese, perhaps even enough to cancel Clinton's upcoming photo-op... oops, I mean state visit to China?? Now Clinton would't be susceptible enough to Chinese campaign money... = oops (did it again) I mean influence, to intervene to support the Yen, would he ?? Just a few innocent thoughts from the north for a Monday morning. Walter Stock (yes, that really is my last name) Oakville, ONT - Canada > I see no evidence suggesting that any other members of G7 will be so > foolhardy with their cash. > > Tom W - - ------------------------------ Date: Sun, 21 Jun 1998 13:54:01 EDT From: Subject: [CANSLIM] Complelety off topic: How to get rid of this hooters? Did not add the message in last posting. Any one know how to get rid of this hooters mailing? In a message dated 6/21/98 5:30:11 AM Eastern Daylight Time, hooters@lon.ionline.net writes: << Subj: NEWSFLASH!! EXXON OIL, CHEVRON & AMBRA RESOURCES Date: 6/21/98 5:30:11 AM Eastern Daylight Time From: hooters@lon.ionline.net To: hooters@lon.ionline.net IF you had invested $1000 in our Stock Pick of June 14,, 1998 which .. .. .. - - ------------------------------ Date: Mon, 22 Jun 1998 11:53:13 EDT From: Subject: [CANSLIM] SEC forms Hello, Does anyone know if insiders have to file forms with the sec in order to trade shares of the company that they own. If so do you know the SEC Form type. Sincerely, Frank - - ------------------------------ End of canslim-digest V2 #295 ***************************** 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.