From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3309 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, May 12 2003 Volume 02 : Number 3309 In this issue: RE: [CANSLIM] SHFL RE: [CANSLIM] Institutional Ownership [CANSLIM] CANSLIM List FAQ (Monthly Posting) Re: [CANSLIM] Institutional Ownership Re: [CANSLIM] Institutional Ownership Re: [CANSLIM] Tom Worley: Tragic Announcement ---------------------------------------------------------------------- Date: Mon, 12 May 2003 00:26:27 -0700 (PDT) From: Tomas Subject: RE: [CANSLIM] SHFL Katherine, I see. Make sense. thanks tomas - --- Katherine Malm wrote: > Thanks, Tomas. > > I think that for the most part, insider activity is > a hard nut to crack. > Others are likely to give you a different point of > view on this one, but I > think insider activity is only significant in a > couple of ways. First, > insiders are going to sell, that's the nature of > ownership. They'll sell to > rebalance their portfolios, to send Susie to > college, to buy a new house, > etc. By itself, selling doesn't really mean > anything. However, consistent > selling at fresh lows is not a good thing. This is > one time when you want to > see insider selling abate. Second, I am more > interested in the trend of > insider buying. Say, for example there has been very > little insider buying > and then suddenly there's a rash of it. The change > in tone can be a clue > that something is going on. Similarly, buying at new > 52 week highs may be an > indication that insiders see something of value, > despite the fresh highs. > > All in all, I see this as only a tertiary indicator. > All else being equal, > if I were trying to decide between 2 stocks, I'd use > this only as a tie > breaker. > > Here's one of my favorite insider links: > http://insider.thomsonfn.com/tfn/insider.asp?linkcode=7rdcg6divt9fsuu5awkj > > You might also use the IBD archives to search for > articles on insider > trading: www.investors.com > > Katherine > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of Tomas > Sent: Sunday, May 11, 2003 9:13 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] SHFL > > > Katherine, > > As always, I like to read your email a few times b/c > it has so much valuable information. > > One question, you mention about not putting too much > weight on institional activities. How much weight > do > you put on the insider trading? I see quite a few > CANSLIM stocks that has been going up being sold by > insiders. If you see about 10% of stocks own by > insiders sold in the last 6 months, do you think > twice > before considering this stock? > > tomas > > --- Katherine Malm wrote: > > > > Hi Tomas, Roger, jans, > > > > I thought it would be appropriate to comment on > some > > of the figures Tomas > > gave in his reply, as he mentions numbers from our > > site. > > > > -On fundamentals: Our CANSLIM Evaluator (CE) is > > divided into 2 separate > > figures, one for fundamentals (i.e. the drivers of > > technical action) and one > > for technicals (the price/volume action). For > SHFL, > > the total of 15.69 is > > derived from a technical score of 6.47 (out of 7 > > possible) and a fundamental > > score of 9.22 (out of 11 possible). That's nothing > > to sneeze at, but I > > wouldn't want to mislead anybody into thinking > that > > all 15.69 points were > > derived from fundamentals alone. Part of our > > reasoning for having these two > > separate components is to be sure that a stock has > a > > good combination of > > *both* fundamental and technical attributes at the > > same time. That helps > > avoid stocks that are strong one way or the other, > > but not in tandem. In > > comparison to the other 44 stocks in the industry, > > SHFL rates first in > > fundamentals, a hair better than PENN. It ranks > 5th > > in overall technical > > condition. It's rare to find stocks that get a > > "perfect" fundamental score. > > In SHFL's case, it looses some points due to the > > slight deceleration in > > sales and earnings growth rates and due to the net > > shares sold by > > institutions which both Roger and Tomas mentioned. > > > > -On the chart: It is true that SHFL originally set > > up in a cup with handle > > pattern back in March. It appeared on one of our > > watchlists 3/31 and set up > > with the pivot as you described: > > > > http://www.cwhcharts.com/katherine/SHFL033103.JPG > > > > However, it did not breakout at that time. You can > > see a close up of the > > action shortly after. While it tried to break > free, > > it did not do so on > > volume, so effectively, the right side of the cup > > continued to form: > > > > > http://www.cwhcharts.com/katherine/SHFLSincePivot0303.JPG > > > > In general, I don't much like the volume on the > > right side of the > > continuation of the cup. It looks wedge-like to me > > and I think SHFL may need > > to spend some time in the current handle to > properly > > shake out that lousy > > action in the base. It might be a bit easier to > see > > in a weekly chart: > > > > > http://www.cwhcharts.com/katherine/SHFL050903Wkly.JPG > > (Note: current pivot > > is at 24.85) > > > > > > -General comments: When I first took a look at > SHFL > > this morning, I truly > > expected to see the industry action rolling over. > As > > jans mentioned, this > > group has been strong in the last couple of years > > and the odds of an > > industry staying at the top after such a long time > > is rather low. However, > > when I took a look at the industry action as a > whole > > and at the charts of > > the stocks within the industry, I noticed that for > > the most part, most of > > the stocks have been oscillating sideways for > quite > > a while. That *could* > > very well indicate a shoring up for another move > up. > > Looking at the chart of > > the industry technicals and rank as a whole, > there's > > certainly evidence that > > the group is turning back *up* rather than rolling > > over and heading down: > > > > > http://www.cwhcharts.com/katherine/LeisureGaming050903.JPG > > > > The popularity of gambling escapes me, so I can't > > say that this group has > > ever interested me enough to dive into the > details, > > but technically and > > fundamentally, there seems to be some promise in > the > > group. Here's one last > > look at the distribution of the group across the > CE > > Zone Map: > > > > > http://www.cwhcharts.com/katherine/LeisureGamingMap050903.JPG > > > > This shows that there are quite a few stocks with > > good CANSLIM > > characteristics, i.e. a good combo of both > > fundamentals and technical, as > > the number of stocks in the green zone area are > > pretty impressive. > === message truncated === __________________________________ Do you Yahoo!? The New Yahoo! Search - Faster. Easier. Bingo. http://search.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 12 May 2003 04:41:25 -0700 (PDT) From: Dave Cameron Subject: RE: [CANSLIM] Institutional Ownership Even though I'm not Katherine (and I see she has already responded), I'd like to weigh in here with something that doesn't exactly answer the question - but is obliquely related. If the float is particularly low - because a good chunk of stock is owned by insiders (as contrasted to institutions), a dramatic shift in the stock price is more likely than if the float is high. Take a look at a graph of USNA over the last 3-5 years (www.bigcharts.com can do this). USNA is roughly 65%-70% owned by one man - the founder. Their business model has been consistent over the last several years, yet the stock price is all over the place (although it does trend well). Its been picked up on CANSLIM screens several times. I owned it on a couple occasions, and always lost money. If I'd held it since the initial purchase, I'd have been ahead though. Anyway... its just one example, but my experience is that if institutional ownership is really low because the shares are concentrated in one hand, then wild fluctuations are more likely. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Duane Runnels > Sent: Monday, May 12, 2003 1:03 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] Institutional Ownership > > > Katherine, > > While I understand "I" is not a deal breaker, is there some level > of > institutional or Mutual Fund ownership that would scare you from > buying a > particular stock? For instance, tonight I was looking at some > prospects, but > shied away from them when I saw IO > 80%. > Thanks for your perspective and thoughtful insight. > ===== Dave Cameron dfcameron@yahoo.com __________________________________ Do you Yahoo!? The New Yahoo! Search - Faster. Easier. Bingo. http://search.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 12 May 2003 07:55:54 -0500 From: "Katherine Malm" Subject: [CANSLIM] CANSLIM List FAQ (Monthly Posting) This is a multi-part message in MIME format. - ------=_NextPart_000_0004_01C3185B.E9FABC80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 8bit This FAQ is also available at: http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc or http://WallStreet-LLC.com/canslim/CANSLIMFAQ.zip (zipped version for those who are having trouble displaying the document within their browser) Scope of discussion, Etiquette: Here are a couple of quotes from the welcome email that Jeff Salisbury, the list owner and host, sends to each new member: "This is an unmoderated discussion group whose purpose is to provide a forum for individuals to: 1.. Discuss the ideas and concepts of CANSLIM. 2.. Add to the concepts of CANSLIM from personal experience. 3.. Exchange sources of information on the internet and software that can be used to select stocks using the CANSLIM methodology. 4.. Discuss specific equities and how they may or may not meet the CANSLIM criteria. " "Anyone who resorts to rudeness, flaming, and personal attacks will be removed from our group." “By signing up for this list, you agree to the following: This list is a private list. All information that you take from this list is for your private use only. Commercial use of this information is forbidden.” Commonly used (misc) abbreviations: BO or B/O = Breakout DD= Due Diligence dMA = days Moving Average (a simple moving average unless otherwise specified) FTD = Follow Through Day http://www.market-tester.com/primer.htm HTMMIS = "How to Make Money in Stocks" by William J. O'Neil IBD = Investors Business Daily (www.investors.com) IMHO = In My Humble Opinion sometimes used as IMO or JMO or my $0.02 LOL = Laughing Out Loud M = Market ( the "M" in CANSLIM) MA = Moving Average N = New (the "N" in CANSLIM) VR = Virtual Reality fund (Fund where “everything’s real except the money”…see www.marketocracy.com) WON = William O'Neil, originator of CANSLIM IBD/CANSLIM Proprietary Rankings: A/D = Accumulation/Distribution EPS = Earnings per Share Rank GRS = Group Relative Strength RS = Relative Strength SMR = Sales/Margins/ROE Comp = Composite Ranking Accounting/Finance Abbreviations: BS or B/S = Balance Sheet cflo = Cash Flow D/E = Debt to Equity IS or I/S = Income Statement PE or P/E = Price to Earnings ratio Pro Forma earnings = http://www.sec.gov/investor/pubs/proforma12-4.htm Accounting 101: http://uoutperform.com/New_Folder/fundamental_analysis.htm http://www.investopedia.com/university/fundamentalanalysis/ http://www.WallStreet-LLC.com/canslim/Accounting101.doc Commonly discussed technical patterns: 2B=Double Bottoms A Base = Ascending Base C&H or CwH = Cup and Handle (http://www.cwhcharts.com/WON_cwh.htm.) FB=Flat Base HTF = High Tight Flag LLUR = Lower Left Upper Right (a stock on the rise, channeling in a tight range) For general discussion of chart patterns: http://stockcharts.com/education/What/ChartAnalysis/index.html Commonly discussed software/tools: AAII Stock Investor Pro http://www.aaii.com/ - money back guarantee DGO= DailyGraphs Online ( www.dailygraphs.com ) – 7 day trial $19.95 HGSI = High Growth Stock Investing (www.highgrowthstock.com) – 60 day paid trial $49 QP2 = Quotes Plus (www.qp2.com) TC2000 = Worden Brothers TC2000 technical analysis software (http://www.tc2000.com ) -30 day free trial VV= VectorVest (www.vectorvest.com) – 5 week trial $9.95 If you are new to CANSLIM investing (or just need a refresher): Take advantage of the excellent learning center at the IBD site-- www.investors.com/learn Free sites for stock scanning: http://moneycentral.msn.com/investor/finder/predefstocks.asp http://www.marketguide.com/screen/SScreen.asp http://cbs.marketwatch.com/tools/stockresearch/screener/ Free sites for charting: www.stockcharts.com www.bigcharts.com http://www.moneycentral.msn.com/investor/charts/charting.asp?Symbol=csco Due diligence sites: Company's web site http://biz.yahoo.com/p/c/csco.html http://moneycentral.msn.com/investor/research/newsnap.asp?Symbol=CSCO www.cwhcharts.com/canslim (limited to 5 stocks per person per day) www.investors.com (Requires subscription-look for the stock checkup feature) http://my.zacks.com/reports/reports.php3?HLITE1=6699BC&HLITE2=DEDEC5&ticker=SBUX &session=TMP.JEFFREY&type=100 (This is the “Whole Enchilada” report) Free sites for viewing industry information: http://host.wallstreetcity.com/wsc2/Industry_Group_Report.html http://bigcharts.marketwatch.com/industry/bigcharts-com/ http://www.prophet.net/explore/sectorrankings.jsp http://clearstation.etrade.com/cgi-bin/Itechnicals?Sector=0 Free resources for real time tracking: www.quotetracker.com Tools provided by members: - -CANSLIM Evaluator provided by Mike Gibbons: A tool that evaluates a stock against each of the CANSLIM criteria except M. (http://www.cwhcharts.com/canslim) - -Charts for CANSLIM provided by Mike Gibbons: A straightforward chart showing the price/volume action, pivots, % off 52 wk high, RS Line relative to the S&P500, RS Rank plotted over time, U/D ratio over time. Displays daily for 3, 6, 9, or 12 months (daily) or 1, 2 or 3 years (weekly). Updated with delayed intraday pricing as well. (http://www.cwhcharts.com/charts/kmchart.php) - -CANSLIMLinks provided by Katherine Malm: An Excel spreadsheet that contains macros for creating links to sites useful for evaluating CANSLIM stocks. Allows you to list stocks of your choosing. Full functionality only available with Excel 2000 for Windows. Limited functionality in prior versions. (http://www.cwhcharts.com/katherine/CANSLIMLinksAutomated.zip) - -Favorite Resources provided by Katherine Malm: A Word document listing various sites I find useful in CANSLIM investing. (http://WallStreet-LLC.com/canslim/FavoriteResourcesKM.doc) List FAQ compiled by Katherine Malm. If you have suggestions for additions and/or revisions, please contact me at kmalm@earthlink.net Rev 5/12/03 In memory of Tom Worley 4/26/03 Mentor, friend, and the anchor of the CANSLIM list for nearly 10 years Thank you for your many contributions. Rest in peace, Tom. - ------=_NextPart_000_0004_01C3185B.E9FABC80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

This FAQ is also available at: = http://WallStre= et-LLC.com/canslim/CANSLIMFAQ.doc=20 or  http://Wall= Street-LLC.com/canslim/CANSLIMFAQ.zip=20 (zipped version for those who are having trouble displaying the document = within=20 their browser)

 

Scope of=20 discussion, Etiquette:

Here are a = couple=20 of quotes from the welcome email that Jeff Salisbury, the list = owner and=20 host, sends to each new member:

 

"This is an = unmoderated=20 discussion group whose purpose is to provide a forum for individuals to: =

  1. Discuss=20 the ideas and concepts of CANSLIM.
  2. Add=20 to the concepts of CANSLIM from personal experience.
  3. Exchange=20 sources of information on the internet and software that can be used = to select=20 stocks using the CANSLIM methodology.
  4. Discuss=20 specific equities and how they may or may not meet the CANSLIM=20 criteria. "

"Anyone who resorts to rudeness, flaming, and personal attacks will = be=20 removed from our group."

=93By signing up for this list, you agree to the following:  = This list is=20 a private list.  All information that you take from this list is = for your=20 private use only.  Commercial use of this information is = forbidden.=94

Commonly used = (misc)=20 abbreviations:

BO or B/O =3D = Breakout

DD=3D Due = Diligence

dMA =3D days Moving = Average (a=20 simple moving average unless otherwise specified)

FTD =3D Follow = Through Day http://www.market-tester= .com/primer.htm

HTMMIS =3D "How to = Make Money in=20 Stocks" by William J. O'Neil

IBD =3D Investors = Business=20 Daily  (www.investors.com)

IMHO =3D In My Humble = Opinion=20 sometimes used as IMO or JMO or my $0.02

LOL =3D Laughing Out = Loud

M =3D Market ( the = "M" in=20 CANSLIM)

MA =3D Moving = Average

N =3D New (the "N" in = CANSLIM)

VR =3D Virtual = Reality fund (Fund=20 where =93everything=92s real except the money=94=85see = www.marketocracy.com)

WON =3D William = O'Neil, originator=20 of CANSLIM

 

IBD/CANSLIM = Proprietary=20 Rankings:

A/D =3D=20 Accumulation/Distribution

EPS =3D Earnings per = Share Rank

GRS =3D Group = Relative Strength

RS =3D Relative = Strength

SMR =3D = Sales/Margins/ROE

Comp =3D Composite = Ranking

 

Accounting/Finance=20 Abbreviations:

BS or B/S =3D Balance = Sheet

cflo =3D Cash = Flow

D/E =3D Debt to = Equity

IS or I/S =3D Income = Statement

PE or P/E =3D Price = to Earnings=20 ratio

Pro Forma earnings = =3D http://www.sec= .gov/investor/pubs/proforma12-4.htm

 

Accounting = 101:

http:= //uoutperform.com/New_Folder/fundamental_analysis.htm
http= ://www.investopedia.com/university/fundamentalanalysis/
http://w= ww.WallStreet-LLC.com/canslim/Accounting101.doc

 

Commonly = discussed technical=20 patterns:

2B=3DDouble=20 Bottoms

A Base =3D Ascending = Base

C&H or CwH =3D = Cup and=20 Handle  (http://www.cwhcharts.com/WO= N_cwh.htm.)

FB=3DFlat Base

HTF =3D High Tight = Flag

LLUR =3D Lower Left = Upper=20 Right (a stock on the rise, channeling in a tight range)

For general = discussion of chart=20 patterns: h= ttp://stockcharts.com/education/What/ChartAnalysis/index.html<= /P>

 

Commonly = discussed=20 software/tools:

AAII Stock Investor = Pro http://www.aaii.com/ - money back = guarantee

DGO=3D DailyGraphs=20 Online  ( www.dailygraphs.com ) =96 = 7 day trial=20 $19.95

HGSI =3D High Growth = Stock=20 Investing (www.highgrowthstock.com) = =96 60 day=20 paid trial $49

QP2 =3D Quotes Plus = (www.qp2.com)

TC2000 =3D  = Worden Brothers=20 TC2000 technical analysis software (http://www.tc2000.com ) -30 day free trial

VV=3D VectorVest (www.vectorvest.com) =96 5 week = trial=20 $9.95

 

If you are new to = CANSLIM=20 investing (or just need a refresher):

Take advantage of the = excellent=20 learning center at the IBD site-- www.investors.com/learn

 

Free sites for = stock=20 scanning:

htt= p://moneycentral.msn.com/investor/finder/predefstocks.asp

http://www.marketg= uide.com/screen/SScreen.asp

http://= cbs.marketwatch.com/tools/stockresearch/screener/

 

Free sites for=20 charting:

www.stockcharts.com

www.bigcharts.com

http://www.moneycentral.msn.com/investor/charts/charting.asp?S= ymbol=3Dcsco

 

Due diligence = sites:

Company's web = site

http://biz.yahoo.com/p/c/csco= .html

http://moneycentral.msn.com/investor/research/newsnap.asp?Symbol=3D= CSCO

www.cwhcharts.com/canslim = (limited=20 to 5 stocks per person per day)

www.investors.com (Requires=20 subscription-look for the stock checkup feature)

h= ttp://my.zacks.com/reports/reports.php3?HLITE1=3D6699BC&HLITE2=3DDEDE= C5&ticker=3DSBUX&session=3DTMP.JEFFREY&type=3D100=20 (This is the =93Whole Enchilada=94 report)

 

Free sites=20 for viewing industry information:

h= ttp://host.wallstreetcity.com/wsc2/Industry_Group_Report.html

http://= bigcharts.marketwatch.com/industry/bigcharts-com/

http://www.pro= phet.net/explore/sectorrankings.jsp

ht= tp://clearstation.etrade.com/cgi-bin/Itechnicals?Sector=3D0

 

Free resources = for real time=20 tracking:

www.quotetracker.com

 

Tools provided by = members:

-CANSLIM Evaluator = provided by=20 Mike Gibbons: A tool that evaluates a stock against each of the CANSLIM = criteria=20 except M. (http://www.cwhcharts.com/cansli= m)

-Charts for = CANSLIM provided=20 by Mike Gibbons: A straightforward chart showing the price/volume = action,=20 pivots, % off 52 wk high, RS Line relative to the S&P500, RS Rank = plotted=20 over time, U/D ratio over time. Displays daily for 3, 6, 9, or 12 months = (daily)=20 or 1, 2 or 3 years (weekly). Updated with delayed intraday pricing as = well. (http://www.cwhcharts= .com/charts/kmchart.php)

-CANSLIMLinks = provided by=20 Katherine Malm: An Excel spreadsheet that contains macros for creating = links to=20 sites useful for evaluating CANSLIM stocks. Allows you to list stocks of = your=20 choosing. Full functionality only available with Excel 2000 for Windows. = Limited=20 functionality in prior versions. (htt= p://www.cwhcharts.com/katherine/CANSLIMLinksAutomated.zip)

-Favorite Resources = provided by=20 Katherine Malm: A Word document listing various sites I find useful in = CANSLIM=20 investing. (http:/= /WallStreet-LLC.com/canslim/FavoriteResourcesKM.doc)

 

 

List FAQ compiled by = Katherine=20 Malm. If you have suggestions for additions and/or revisions, please = contact me=20 at kmalm@earthlink.net

Rev 5/12/03

 

In memory of Tom = Worley=20 4/26/03

Mentor, friend, and = the anchor of=20 the CANSLIM list for nearly 10 years

Thank you for your = many=20 contributions. Rest in peace, Tom.

 

- ------=_NextPart_000_0004_01C3185B.E9FABC80-- - - - -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, 12 May 2003 10:18:57 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Institutional Ownership Katherine, et al: If I'm not mistaken, the "undiscovered gems" analysis-that Katherine mentions-is the same type of evaluation that Tom would use. I recall him commenting time and time again, that he didn't pay much attention to the lack of ownership of a stock he was purchasing by institutions-mainly because (as I understood him) he enjoyed beating the big-boys to the punch. (He would, however, employ caution whenever too many institutions owned a stock. If they all sold at once..., he would say) jans In a message dated 5/12/2003 3:24:51 AM Eastern Daylight Time, kmalm@earthlink.net writes: << At the same time, while I say I don't pay much attention to percentage ownership, I *do* tend to prefer "undiscovered gems." I click my heals when I find a new company that's never crossed my radar and that I've never seen mentioned in an article. For the most part, those *tend* to have low institutional ownership, but that's not what draws me to them in the first place. >> - - - -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, 12 May 2003 10:27:24 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Institutional Ownership Dave: That's a good point, denoting, I believe, the owner selling when the stock is high and buying it back when the stock falls (ie. manipulating the stock). This also illustrates the point that the SEC is not going to hold your hand. Caveat Emptor. jans In a message dated 5/12/2003 7:42:50 AM Eastern Daylight Time, dfcameron@yahoo.com writes: << f the float is particularly low - because a good chunk of stock is owned by insiders (as contrasted to institutions), a dramatic shift in the stock price is more likely than if the float is high. Take a look at a graph of USNA over the last 3-5 years (www.bigcharts.com can do this). USNA is roughly 65%-70% owned by one man - the founder. Their business model has been consistent over the last several years, yet the stock price is all over the place (although it does trend well). Its been picked up on CANSLIM screens several times. I owned it on a couple occasions, and always lost money. If I'd held it since the initial purchase, I'd have been ahead though. Anyway... its just one example, but my experience is that if institutional ownership is really low because the shares are concentrated in one hand, then wild fluctuations are more likely. >> - - - -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, 12 May 2003 07:58:30 -0700 From: "call me" Subject: Re: [CANSLIM] Tom Worley: Tragic Announcement This is a multi-part message in MIME format. - ------=_NextPart_000_008D_01C3185C.46E5D0B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I was shocked and saddened by the news of Tom's death. He will be missed. =20 Please pass my condolences to his family. Marv ----- Original Message -----=20 From: Jeff Salisbury=20 To: canslim@lists.xmission.com=20 Sent: Thursday, May 08, 2003 8:39 AM Subject: [CANSLIM] Tom Worley: Tragic Announcement Fellow CANSLIM'rs, With great sadness and regret I reluctantly announce the death of Tom = Worley. He was apparently killed in a domestic dispute with his son = over this past weekend. He was preceded in death by his sweetheart wife = who passed away from cancer a few years ago. I learned of this tragedy when Katherine Malm privately expressed = concerns to me that she was unable to contact Tom. I called his office, = and when I asked to speak to Tom, was informed of the tragedy. Tom's = human resource officer sent me this announcement that was circulated at = his office:=20 ................ Jeff Salisbury - canslim admin/owner - ------=_NextPart_000_008D_01C3185C.46E5D0B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I was shocked and saddened by the news = of Tom's=20 death.
He will be missed. 
 
Please pass my condolences to his=20 family.
 
Marv
 
 ----- Original Message = - -----
From:=20 Jeff Salisbury =
Sent: Thursday, May 08, 2003 = 8:39=20 AM
Subject: [CANSLIM] Tom Worley: = Tragic=20 Announcement

Fellow CANSLIM'rs,

With great sadness and regret I = reluctantly=20 announce the death of Tom Worley.  He was apparently killed in a = domestic=20 dispute with his son over this past weekend.  He was preceded in = death by=20 his sweetheart wife who passed away from cancer a few years = ago.

I=20 learned of this tragedy when Katherine Malm privately expressed = concerns to me=20 that she was unable to contact Tom.  I called his office, and = when I=20 asked to speak to Tom, was informed of the tragedy.  Tom's human = resource=20 officer sent me this announcement that was circulated at his = office:
................
Jeff Salisbury - canslim=20 admin/owner
- ------=_NextPart_000_008D_01C3185C.46E5D0B0-- - - - -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 #3309 ****************************** 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.