From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #151 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 Tuesday, March 17 1998 Volume 02 : Number 151 In this issue: Re: [CANSLIM] Time (Was: RE: WCOM) [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] Technical Questions Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] LBOR--time to sell? Re: [CANSLIM] KEA, LHSPF (was Fw: English (off topic)) Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] Time (Was: RE: WCOM) Re: [CANSLIM] Technical Questions [CANSLIM] Mindspring Quarterly Report RE: [CANSLIM] Windows on Wall Street/Quotes-Plus Re: [CANSLIM] rah rah'ing EPIQ RE: [CANSLIM] Please excuse my ignorance- Who is WON? RE: [CANSLIM] rah rah'ing EPIQ Re: [CANSLIM] Technical Questions Re: [CANSLIM] rah rah'ing EPIQ [CANSLIM] Accelerating Earnings ---------------------------------------------------------------------- Date: Tue, 17 Mar 1998 18:47:44 -0600 (CST) From: John Subject: Re: [CANSLIM] Time (Was: RE: WCOM) Boy you sure have it right. I have bet the farm on southwest air and just sit back and watch it go up abour .50C perday I have 4500 shares and am getting about 2000 perday with very little risk or effort. It has been doing this for months now. Ove the years it has generally been extremly productive. JOhn Adair At 07:12 PM 3/17/98 +0100, you wrote: >Craig wrote: > >>Sometimes, I think, if I could just pick a couple of nice steady performers >>like ATI, put all my money in them and check the price and news once a day, >>I would be a lot better off over the long haul than with all the trading I >>do. Maybe not better off financially, but just have a lot more time to do >>other things with. > >Boy, do I agree with that. :) > >I always laugh when I read about this or that investment technique that >supposedly requires only 1 hour per week. I can only dream about that... > >How many hours do the list members put in per week? > >I'll go first: I watch real-time quotes during market hours 95% of the >time. During the weekend I put in another 5 to 15 hours. > >I like reading and doing research. I love learning. But I do not always >like the stress of watching the market and real-time quotes. But I still do >it, because I think it is the responseable thing to do for the way *I* am >trading. I will change the way I'm trading, I'm sure. Just a stage in the >learning process. The markets are so fascinating. So much to explore and test. > > > > > >- > > > - - ------------------------------ Date: Tue, 17 Mar 1998 19:48:43 -0500 From: "Tom Worley" Subject: [CANSLIM] rah rah'ing EPIQ I regret if anyone believes I have been in any way touting EPIQ, or any other stock. I remind all members that I am a licensed, and highly regulated, member of the securities industry. When I first joined this group, I was reluctant to post anything other than generalized answers to how the industry, and stocks, work. After some considerable research into the very vague and grey guidance available from the SEC, NASD, State of Florida (my home state), and NY and CA where I am also registered, as well as literature from many other sources throughout my industry, I concluded that I could comment more freely, and even initiate comment, on specific stocks without severely risking my several licenses on the grounds that: a) this is a private discussion group where members have asked to be included; b) membership is known to me (as opposed to a NG for example); and I fully disclose the fact that I am a licensed (even tho inactive) broker. To date, I have a history of fully disclosing my trade actions (even if you don't care, I make the info available to you, you can hit the delete button). I did this as well when I was an active broker, my personal portfolio was always open to my clients. I don't BS, if I say that I am buying a stock, I will have a confirm to show you. When I sell, as I did with both EPIQ and MDC, I disclose it and why (am still willing to accept a contract on Sad-am Insane for chasing me out of those two). Much of what I have written here; in private posts; as well as vocalized in phone calls on EPIQ was in response to other's questions or comments. In this group I am an individual investor who happens to have both investing and industry experience. I have a personal bent for the effects on the mkt from economics, maybe in time that too will pass, in the meantime feel free to hit the delete button, I won't even know nor will my feelings be hurt if I did know (I have brokers that disregard my comments and advice frequently, the fact that I am often right is easily forgotten). I am responsible for no one's investing decisions or actions other than my own. I have tried to temper my personal enthusiasm for some stocks by referring to their CS qualities, if this has gotten out of hand, say so and I will cool my comments further (altho I did have five of my "under $20" stocks up over a dollar today in a down mkt - EQNX, FFGI (posted here by a member if I remember right), APSG, INFM, and ZOMX (thanks to whoever posted it recently), along with several others nicely up on volume but less than a point. My methods and logic don't always work out, nor can you reasonably expect me to share my work with you on one where I am ready to act before I am already positioned. But I don't mind sharing what I am "watching", nor letting you know what I did act on in case it also fits your style of investing and is still buyable. I will try to update my signature block tonight to make my position clearer that I AM NOT RECOMMENDING ANY PARTICULAR STOCK FOR ANY PARTICULAR INVESTOR. You gotta make your own investment decisions on what is right for you, I'm not your broker, I have not done my due diligence on your finances, income, suitability, risk tolerance, financial goals, etc that a broker with a client relationship must do. I disclose far more personal info than most active brokers would do, if anyone thinks I am touting a stock, PLEASE SPEAK UP AND SAY SO. I would rather not regress back into a lurker status at this point. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - - ------------------------------ Date: Tue, 17 Mar 1998 19:57:37 EST From: DCSquires Subject: Re: [CANSLIM] rah rah'ing EPIQ In a message dated 98-03-17 19:52:00 EST, you write: << I have tried to temper my personal enthusiasm for some stocks by referring to their CS qualities, if this has gotten out of hand, say so and I will cool my comments further >> Tom, I for one haven't noticed anything but clear and lucid analysis, no touting whatsoever. Your mail is eagerly read on this end! DSquires - - ------------------------------ Date: Tue, 17 Mar 1998 19:59:22 -0500 From: "James Adams" Subject: Re: [CANSLIM] Technical Questions From: Tom Worley > One of the beautiful attractions of the >CANSLIM philosophy, at least in my mind, is that you don't have to be rigid >about it. That too is what I find attractive about CANSLIM. >My suggestion would be to first do a screen based on traditional CANSLIM >elements. Then, after you apply the human touch and study the charts, you >might want to run the remaining list thru the criteria you listed and see >what survives. I'm going to adhere to HTMMIS' criteria and to that add at least 1) ROE >= 10; 2) ProfitMargin that is >= the particular industry's pm; 3) Analyst upgrades since last quarter; and 4) Mean recommendation = buy or strong buy. 5) Insider Buying Finally, I've read lately that a stock's Price to Cash Flow is a favored indicator and that the bigger its discount from the industry average multiple, the more like the stock is undervalued. Unless.....the lower multiple has come from a number of setbacks. Do you have any thought about this latter point or any of the others I've listed above? TIA James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Tue, 17 Mar 1998 20:05:38 -0500 From: Craig Griffin Subject: Re: [CANSLIM] rah rah'ing EPIQ Tom, You have my sincere apologies if that came out wrong. I think you do an excellent job of stating exactly where you are coming from. I just can't find anything in the chart to make me want to buy it in here, regardless of the other good Canslim characteristics. My understanding of your recent comments is "if it will just pull back a bit with a gap down or some strong volume to the downside perhaps I will buy it". This is a paraphrase only. But it did not seem like Canslim, but rather like a person who likes the fundamentals and is looking for a pullback to get in. So I said rah-rah'ing, but certainly not in the sense of touting, only in the sense of really liking the stock. Once again, sincere apologies. Simply a poorly expressed observation. Best regards, Craig - - ------------------------------ Date: Tue, 17 Mar 1998 20:00:43 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] LBOR--time to sell? Everything else said, congrats on hitting a positive pivot point coming off a short base. Overall, I see no reason to sell from the chart, altho you may have personal reasons aside from this (e.g. locking in a quick 25% profit). Current year forecast and 5 year earnings growth rate are in sync, you have an easy Q1 for comparison reasons, volume remains robust (at ADV) even this extended. On the other hand, it is very extended, and with a high trailing PE. If your primary interest is in locking in a solid profit, use a fanatical stop loss (I recommend no less than 10% from here). If you are willing to ride out any short term consolidation or correction, use a looser stop. But let the stock tell you when to exit, either way. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Douglas_Rhodes To: canslim@lists.xmission.com Date: Tuesday, March 17, 1998 10:22 AM Subject: [CANSLIM] LBOR--time to sell? >Opinions on whether to sell LBOR? > >I bought it less than 2 weeks(?) ago for $27 1/2. >Today it stands around $34. > >--Doug > >- > - - ------------------------------ Date: Tue, 17 Mar 1998 20:12:31 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] KEA, LHSPF (was Fw: English (off topic)) Joanie, I hope you misquoted me as I didn't mean to say that my firm was buying KEA. I have yet to buy a share (lacking capital for the current pricing). One other broker (who is a good CANSLIM trader) has also been following it, but don't think he has seized the several opportunities on it either. One broker was accumulating a nice position in LHSPF from the low 60s, unfortunately wouldn't listen to me when I told him it was topping out at 93. He did take some profits in the mid to low 80s. A few other brokers also bot some, but quantity not sig. On institutional ownership, DG Online shows KEA having 36% funds ownership and 3% banks ownership. It also shows management owning 18%. Management ownership is not considered "institutional" and can often be misleading, but in the absence of consistent "insider selling" I would generally view it as a positive. High institutional ownership can be viewed two ways. In good times, it reduces the effective trading float, and also means you have more analytical review (and company). But in bad times, it means you generally have one or more professional analysts with the time to dig deeper than we as individuals can ever do, and if they don't like what they find, a large quantity of stock to be sold at any price. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Joan Sherman To: canslim@lists.xmission.com Date: Saturday, March 14, 1998 4:29 PM Subject: Re: [CANSLIM] Fw: English (off topic) >Tom, > Thanks for passing along that ode to language. I sent it to my Samoyed email >group which often gets bogged down with "language" issues. Thanks. > > As far as stocks go, last week you mentioned your firm was purchasing stocks >like LHSPF, and KEA. When I checked it appeared that Keane has 60% >institutuinal ownership. Does this make it harder to move? Is your firm still >accumulating this stock? What do you think of the chart. Thanks for taking >the time. > >Joanie > >Joan Sherman /\~~~/\ /\~~~/\ /\~~~/\ /\~/\ /\~/\ > and the gang * * * * * * ** ** > > > >- > - - ------------------------------ Date: Tue, 17 Mar 1998 20:28:35 -0500 From: "James Adams" Subject: Re: [CANSLIM] rah rah'ing EPIQ From: Tom Worley wrote: >I regret if anyone believes I have been in any way touting EPIQ, or any >other stock. I never thought so and I think Craig's response indicates that he doesn't think so either. > I have tried to temper my personal enthusiasm for some stocks by referring >to their CS qualities, if this has gotten out of hand, say so and I will >cool my comments further (altho I did have five of my "under $20" stocks up >over a dollar today in a down mkt - EQNX, FFGI (posted here by a member if I >remember right), APSG, INFM, and ZOMX (thanks to whoever posted it >recently), along with several others nicely up on volume but less than a >point. Sheez.....how did I let these get by when you first mentioned them. I generally use your recommendations to help me indentify characteristics of charts that are promising, however, I don't remember these. I too look for stocks under $20, (I'm a poor Methodist preacher with two teenagers and a boatload of student loans). Again, thanks Tom for the substance and tone of your responses, but not yours only, but to all on this list. I don't think I could put a value on the knowledge gleaned here and appreciate it a great deal. James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Tue, 17 Mar 1998 20:22:59 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] rah rah'ing EPIQ Craig, No apology needed, my feelings not bruised, I do get enthusiastic about some stocks (70% in seven weeks certainly being a good excuse, and would have doubled in eight weeks had Insane not scared me out of it). But this was a good "wake up call" for me that some of the newer members might not fully appreciate my position, and I did want to make it clear. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Craig Griffin To: canslim@lists.xmission.com Date: Tuesday, March 17, 1998 8:04 PM Subject: Re: [CANSLIM] rah rah'ing EPIQ >Tom, > >You have my sincere apologies if that came out wrong. I think you do an >excellent job of stating exactly where you are coming from. I just can't >find anything in the chart to make me want to buy it in here, regardless of >the other good Canslim characteristics. > >My understanding of your recent comments is "if it will just pull back a >bit with a gap down or some strong volume to the downside perhaps I will >buy it". This is a paraphrase only. But it did not seem like Canslim, but >rather like a person who likes the fundamentals and is looking for a >pullback to get in. So I said rah-rah'ing, but certainly not in the sense >of touting, only in the sense of really liking the stock. > >Once again, sincere apologies. Simply a poorly expressed observation. > >Best regards, >Craig > >- > - - ------------------------------ Date: Tue, 17 Mar 1998 20:23:42 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] rah rah'ing EPIQ Thanks for the kind words. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: DCSquires To: canslim@lists.xmission.com Date: Tuesday, March 17, 1998 7:59 PM Subject: Re: [CANSLIM] rah rah'ing EPIQ >In a message dated 98-03-17 19:52:00 EST, you write: > ><< I have tried to temper my personal enthusiasm for some stocks by referring > to their CS qualities, if this has gotten out of hand, say so and I will > cool my comments further >> > >Tom, > >I for one haven't noticed anything but clear and lucid analysis, no touting >whatsoever. Your mail is eagerly read on this end! > >DSquires > >- > - - ------------------------------ Date: Tue, 17 Mar 1998 20:43:09 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] rah rah'ing EPIQ At 19:48 3/17/98 -0500, Tom Worley wrote: >I regret if anyone believes I have been in any way touting EPIQ, or any >other stock. Never appeared to me as touting, by any definition! ...sniped... >I did know (I have brokers that disregard my comments and advice frequently, >the fact that I am often right is easily forgotten). I am responsible for no >one's investing decisions or actions other than my own. > My 2cents sez you've had your share of bad calls to. Not that it doesn't happen to anyone. You seem to have discipline which helps with the wrong calls. ...sniped... > >I disclose far more personal info than most active brokers would do, if >anyone thinks I am touting a stock, PLEASE SPEAK UP AND SAY SO. I would >rather not regress back into a lurker status at this point. > Please do not regress. I for one would miss your considerable analytical abilities and focus on the CANSLIM methodology. When I was a teenager, I was a life guard at the community pool during the summer months. They said "If anyone starts to drown, jump in and save them!" That frightened me and I thought how morbid. It took me a couple of years to reconcile my feelings over why I was so uncomfortable with the idea of saving them from their folley, but then I was introduced to "Drown-proofing" and got my Water Safety Certification. That was better. I could teach now. How not to drown! I never had to jump in after them. Your CANSLIM reminders have always reminded me of my yelling to the swimmers "No Running.!!!" They sometimes did anyway. Most of the time all was well, sometimes not. Sometimes, I ran. You were outside the CANSLIM box in the recent pullback, but I never interpreted your comments as touting. You openly stated your tactics and I appreciate your sharing your thoughts. I exercised my right to ignore your tactics, that I never interpreted as advice. Frank Wolynski - - ------------------------------ Date: Tue, 17 Mar 1998 17:54:00 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Time (Was: RE: WCOM) > Date: Tue, 17 Mar 1998 19:12:47 +0100 > To: canslim@lists.xmission.com > How many hours do the list members put in per week? > > I'll go first: I watch real-time quotes during market hours 95% of the > time. During the weekend I put in another 5 to 15 hours. I think a few people on this list, like you and myself, put in more time than most since this is all we do (if you watch the market 95% of the time it is open, I assume you do it full time). Seems like I watch the market very closely for a couple of hours in the morning, a little bit off and on after that, plus somewhere in the 5 to 15 hour range you mention for research - looking for new stocks in the DG, looking over charts at the end of the day, etc. I often think if I were just patient enough to buy MSFT and DELL and hold on forever I would do much better. Then I could spend about an hour a month at this. I have to say the internet has been a real boon to watching stocks more closely, churning, oops, I mean making more trades in my account, and generally lets me spend even more time doing this than I used to. - - ------------------------------ Date: Tue, 17 Mar 1998 20:56:51 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Technical Questions At 19:59 3/17/98 -0500, James Adams wrote: ...sniped... > >I'm going to adhere to HTMMIS' criteria and to that add at least >1) ROE >= 10; >2) ProfitMargin that is >= the particular industry's pm; >3) Analyst upgrades since last quarter; and >4) Mean recommendation = buy or strong buy. >5) Insider Buying > A book titled "Investing Smart", "How to pick winning stocks with Investor's Business Daily", foreword by William O'Neil, author Dhun H. Sethna, puts the minimum ROE>=15% for growth companies. Page 143, he stated that less than 15% should be viewed with concern. He also states that a favorable ROE is one that is rising and is higher than the average for all the companies in an industry group. I was tracking the ROEs on the Airlines stocks attempting to find a correlation, but finally gave up, when everything in the group went orbital. Pan-Am even popped! Frank Wolynski - - ------------------------------ Date: Tue, 17 Mar 1998 21:03:42 -0500 From: "Frank V. Wolynski" Subject: [CANSLIM] Mindspring Quarterly Report Received the Quarterly EMail report from CEO Charles Brewer of Mindspring, MSPG. If anyone is interested I'll be glad to forward a copy to you. Frank Wolynski ( I am often wrong, plan accordingly.) - - ------------------------------ Date: Tue, 17 Mar 1998 18:29:19 -0800 From: "Bob Jagow" Subject: RE: [CANSLIM] Windows on Wall Street/Quotes-Plus Craig,
  Both versions of QP  rely on Market Guide for all fundys. Release 2 reports the latest years trailing  EPS with and without extraordinary items.

Bob

At 08:11 AM 3/14/98 -0500, you wrote:
>Mike,
>
>Thank you for your reports on QP ver 2 beta!=A0 I can't wait to see it and
>make use of it (QP ver 1 is very nice already).
>
>By the way, the discrepancies in the eps data in the second quarter (the
>.08 vs .30) is because of the smart way DG reports eps.=A0 If you go back to
>the actual report on Yahoo at
>http://biz.yahoo.com/bw/97/07/29/acpd_actn_1.html you will see that there
>was a one time charge for $5,000,000.=A0 DG recognizes one time charges (as
>opposed to other kinds of adjustments) and factors them out of their EPS
>reports.=A0 This gives a truer picture of EPS for the quarter (IMO).=A0 = I have
>noticed this multiple times in the past.=A0 DG often reports different
>numbers than everybody else for this reason.=A0 Everytime I have compared the
>differences, I have liked the DG numbers better for purposes of investment
>evaluation.
>
>Because it would probably take actually looking at each report to factor
>out one time charges, I doubt QP will be able to do it (too time consuming
>with 9000 companies reporting every quarter).
>
>Please feel free to forward this info to QP and/or DG.
>
>Best regards,
>Craig
>
>You wrote:
>>I did notice discrepancies between their eps data and Daily Graphs Online,
>>so I sent them and DGO a piece of mail about it. For instance, the last 4
>>quarters eps for ACTN show as:
>>
>>QuotesPlus=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0 0.17 0.08 0.31= 0.22.
>>Daily Graphs Online 0.17 0.30 0.31 0.23
>>Microsoft Investor=A0=A0=A0=A0 0.17 0.08 0.33 0.23.
>>
>
>-
>
- - ------------------------------ Date: Tue, 17 Mar 1998 18:37:17 -0800 From: "Jerry & Tonia Joldersma" Subject: Re: [CANSLIM] rah rah'ing EPIQ Tom, please keep it coming our way :) I find your comments on individual stocks particularly useful. Thanks for all the help you have been to this group -- Jerry - -----Original Message----- From: Tom Worley To: CANSLIM Date: Tuesday, March 17, 1998 4:52 PM Subject: [CANSLIM] rah rah'ing EPIQ >I regret if anyone believes I have been in any way touting EPIQ, or any >other stock. I remind all members that I am a licensed, and highly >regulated, member of the securities industry. When I first joined this >group, I was reluctant to post anything other than generalized answers to >how the industry, and stocks, work. After some considerable research into >the very vague and grey guidance available from the SEC, NASD, State of >Florida (my home state), and NY and CA where I am also registered, as well >as literature from many other sources throughout my industry, I concluded >that I could comment more freely, and even initiate comment, on specific >stocks without severely risking my several licenses on the grounds that: a) >this is a private discussion group where members have asked to be included; >b) membership is known to me (as opposed to a NG for example); and I fully >disclose the fact that I am a licensed (even tho inactive) broker. > >To date, I have a history of fully disclosing my trade actions (even if you >don't care, I make the info available to you, you can hit the delete >button). I did this as well when I was an active broker, my personal >portfolio was always open to my clients. I don't BS, if I say that I am >buying a stock, I will have a confirm to show you. When I sell, as I did >with both EPIQ and MDC, I disclose it and why (am still willing to accept a >contract on Sad-am Insane for chasing me out of those two). > >Much of what I have written here; in private posts; as well as vocalized in >phone calls on EPIQ was in response to other's questions or comments. In >this group I am an individual investor who happens to have both investing >and industry experience. I have a personal bent for the effects on the mkt >from economics, maybe in time that too will pass, in the meantime feel free >to hit the delete button, I won't even know nor will my feelings be hurt if >I did know (I have brokers that disregard my comments and advice frequently, >the fact that I am often right is easily forgotten). I am responsible for no >one's investing decisions or actions other than my own. > > I have tried to temper my personal enthusiasm for some stocks by referring >to their CS qualities, if this has gotten out of hand, say so and I will >cool my comments further (altho I did have five of my "under $20" stocks up >over a dollar today in a down mkt - EQNX, FFGI (posted here by a member if I >remember right), APSG, INFM, and ZOMX (thanks to whoever posted it >recently), along with several others nicely up on volume but less than a >point. > >My methods and logic don't always work out, nor can you reasonably expect me >to share my work with you on one where I am ready to act before I am already >positioned. But I don't mind sharing what I am "watching", nor letting you >know what I did act on in case it also fits your style of investing and is >still buyable. > >I will try to update my signature block tonight to make my position clearer >that I AM NOT RECOMMENDING ANY PARTICULAR STOCK FOR ANY PARTICULAR INVESTOR. >You gotta make your own investment decisions on what is right for you, I'm >not your broker, I have not done my due diligence on your finances, income, >suitability, risk tolerance, financial goals, etc that a broker with a >client relationship must do. > >I disclose far more personal info than most active brokers would do, if >anyone thinks I am touting a stock, PLEASE SPEAK UP AND SAY SO. I would >rather not regress back into a lurker status at this point. > >Any statements or opinions are strictly my own and not that of my employer. >My comments should not be interpreted as a recommendation of any kind. I am >a licensed (inactive) broker and an active investor. All investors should do >their own research prior to any investment, especially one learned about on >the Internet. Hopefully my comments will better inform and educate all >investors. >tom w > > >- > > - - ------------------------------ Date: Tue, 17 Mar 1998 21:50:20 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] Please excuse my ignorance- Who is WON? This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01BD51EE.AEB05560 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit William Oneil, author of HTMMIS, Canslims bible and owner of Investors business daily and daily graphs etc. Try this site: http://www.investors.com/ Regards Surindra -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bud Barton Sent: Tuesday, March 17, 1998 2:58 PM To: canslim Subject: [CANSLIM] Please excuse my ignorance- Who is WON? sorry but I have never heard of WON until this forum. Please fill me in and give a url if available to find out more. - ------=_NextPart_000_0006_01BD51EE.AEB05560 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
William Oneil, author of HTMMIS, Canslims bible and owner of = Investors=20 business daily and daily graphs etc. Try this site:
 
http://www.investors.com/
 
Regards
 
Surindra
-----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bud=20 Barton
Sent: Tuesday, March 17, 1998 2:58 PM
To: = canslim
Subject: [CANSLIM] Please excuse my ignorance- Who = is=20 WON?

sorry but I have never heard of = WON until=20 this forum.  Please fill me in and give a url if available to = find out=20 more.
- ------=_NextPart_000_0006_01BD51EE.AEB05560-- - - ------------------------------ Date: Tue, 17 Mar 1998 22:02:43 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] rah rah'ing EPIQ Tom: I learned a lot from your posts and experience. Please keep this going on this list and never never stop. No one is offending you but at times questions the background of brilliant thoughts. You are most regarded person on this list in my opinion and we all gain from your expertise. Regards and have a wonderful rest of the trading week. Surindra |-----Original Message----- |From: owner-canslim@lists.xmission.com |[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley |Sent: Tuesday, March 17, 1998 7:49 PM |To: CANSLIM |Subject: [CANSLIM] rah rah'ing EPIQ | | |I regret if anyone believes I have been in any way touting EPIQ, or any |other stock. I remind all members that I am a licensed, and highly |regulated, member of the securities industry. When I first joined this |group, I was reluctant to post anything other than generalized answers to |how the industry, and stocks, work. After some considerable research into |the very vague and grey guidance available from the SEC, NASD, State of |Florida (my home state), and NY and CA where I am also registered, as well |as literature from many other sources throughout my industry, I concluded |that I could comment more freely, and even initiate comment, on specific |stocks without severely risking my several licenses on the grounds that: a) |this is a private discussion group where members have asked to be included; |b) membership is known to me (as opposed to a NG for example); and I fully |disclose the fact that I am a licensed (even tho inactive) broker. | |To date, I have a history of fully disclosing my trade actions (even if you |don't care, I make the info available to you, you can hit the delete |button). I did this as well when I was an active broker, my personal |portfolio was always open to my clients. I don't BS, if I say that I am |buying a stock, I will have a confirm to show you. When I sell, as I did |with both EPIQ and MDC, I disclose it and why (am still willing to accept a |contract on Sad-am Insane for chasing me out of those two). | |Much of what I have written here; in private posts; as well as vocalized in |phone calls on EPIQ was in response to other's questions or comments. In |this group I am an individual investor who happens to have both investing |and industry experience. I have a personal bent for the effects on the mkt |from economics, maybe in time that too will pass, in the meantime feel free |to hit the delete button, I won't even know nor will my feelings be hurt if |I did know (I have brokers that disregard my comments and advice frequently, |the fact that I am often right is easily forgotten). I am responsible for no |one's investing decisions or actions other than my own. | | I have tried to temper my personal enthusiasm for some stocks by referring |to their CS qualities, if this has gotten out of hand, say so and I will |cool my comments further (altho I did have five of my "under $20" stocks up |over a dollar today in a down mkt - EQNX, FFGI (posted here by a member if I |remember right), APSG, INFM, and ZOMX (thanks to whoever posted it |recently), along with several others nicely up on volume but less than a |point. | |My methods and logic don't always work out, nor can you reasonably expect me |to share my work with you on one where I am ready to act before I am already |positioned. But I don't mind sharing what I am "watching", nor letting you |know what I did act on in case it also fits your style of investing and is |still buyable. | |I will try to update my signature block tonight to make my position clearer |that I AM NOT RECOMMENDING ANY PARTICULAR STOCK FOR ANY PARTICULAR INVESTOR. |You gotta make your own investment decisions on what is right for you, I'm |not your broker, I have not done my due diligence on your finances, income, |suitability, risk tolerance, financial goals, etc that a broker with a |client relationship must do. | |I disclose far more personal info than most active brokers would do, if |anyone thinks I am touting a stock, PLEASE SPEAK UP AND SAY SO. I would |rather not regress back into a lurker status at this point. | |Any statements or opinions are strictly my own and not that of my employer. |My comments should not be interpreted as a recommendation of any kind. I am |a licensed (inactive) broker and an active investor. All investors should do |their own research prior to any investment, especially one learned about on |the Internet. Hopefully my comments will better inform and educate all |investors. |tom w | | |- | - - ------------------------------ Date: Tue, 17 Mar 1998 21:05:18 -0600 From: Dave Cameron Subject: Re: [CANSLIM] Technical Questions Jim, I concur with Craig's comments. When I first started investing, I tried to pick stocks with lower book value. This failed miserably. Undeterred, when I adopted CANSLIM, if given 2 stocks with relatively similar EPS/RS, I chose the stock with the lower book value. 3 times out of 4, this proved to be a mistake. Dave Cameron Craig Griffin wrote: > > Jim, > > I have noticed that book value has little effect in a stock's performance. > I used to think that 20 or 25x book was getting excessive. But now I see > stocks at 40 and 50 times book performing well. Maybe it is a sign of > froth, and just maybe some of them, like Yahoo, are worth it. It might be > worthwhile to run the same scan twice: first pull all of the hits with a > price to book of 20x and less, and second with a price to book of greater > than 20x. My guess is that in the final analysis, you might want to leave > book out all together. > > Best regards, > Craig > > - - - ------------------------------ Date: Tue, 17 Mar 1998 19:12:31 -0700 From: Tim Fisher Subject: Re: [CANSLIM] rah rah'ing EPIQ At 07:48 PM 3/17/98 -0500, you wrote: > I have tried to temper my personal enthusiasm for some stocks by referring >to their CS qualities, if this has gotten out of hand, say so and I will >cool my comments further (altho I did have five of my "under $20" stocks up >over a dollar today in a down mkt - EQNX, FFGI (posted here by a member if I >remember right), APSG, INFM, and ZOMX (thanks to whoever posted it >recently), along with several others nicely up on volume but less than a >point. > FGII has been skyrocketing on takeover rumors which have proved to be true. Just announced it yesterday. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! - - ------------------------------ Date: Tue, 17 Mar 1998 21:24:52 -0600 From: Dave Cameron Subject: [CANSLIM] Accelerating Earnings There is a very good article in the 03-17-98 edition of IBD on accelerating earnings. For those of you looking to learn more about good CANSLIM stocks, check out the examples they list. My regret is that I only own one of them. Dave Cameron - - ------------------------------ End of canslim-digest V2 #151 ***************************** 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.