From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2549 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Monday, July 1 2002 Volume 02 : Number 2549 In this issue: [CANSLIM] Andersen/CANSLIM/an informal poll/etc. Re: [CANSLIM] Had to share this Re: [CANSLIM] Andersen/CANSLIM/an informal poll/etc. Re: [CANSLIM] Now Xerox? [CANSLIM] Please add my friend to your list [CANSLIM] ge down Re: [CANSLIM] Andersen - what happens to new recruits RE: [CANSLIM] Andersen - what happens to new recruits RE: [CANSLIM] Too much information in IBD Re: [CANSLIM] OT - Andersen - what happens to new recruits [CANSLIM] General [CANSLIM] Earnings Confidence Pt 2 ---------------------------------------------------------------------- Date: Sun, 30 Jun 2002 18:47:20 -0700 (PDT) From: Dave Cameron Subject: [CANSLIM] Andersen/CANSLIM/an informal poll/etc. Hmmm... First, on Andersen. I was neither trying to assess blame on management, the trainers, nor the employees at Andersen - merely to pass along information, which I caveated. I would say that Andersen's antics have delayed resumption to a CANSLIM friendly market (my opinion). Second, on the suggestion we get back to CANSLIM. I think the reason we are straying (and I haven't posted much lately) is that we're just not in a CANSLIM environment. I cashed out in November - out of everything. I haven't found "M" telling me I can get back in. Any attempts have been quickly aborted. Had I the nerve to short, I could have turned the CANSLIM characteristics upside down and possibly made some money. In the meantime, I'm getting 2%ish on my money market fund (which isn't fun, but better than losing money). So.... we could talk CANSLIM philosophy - but its hard to apply. But, what the heck... a few other thoughts: - - I love the S&P 600 index in IBD. - - I'm about ready to refinance my mortgage. - - My international fund is doing decently in my IRA. - - I've been on the list for years (active years ago, not so active now) and noticed we've got some great, quality posters lately. This remains an excellent list. - - The humor is great. Ernie's CEO posting is getting forwarded on to friends. The Abbott and Costello takeoff was good too. Now, let's see, what could be useful. I was reading an article lately that talked about the dangers of "soda". I was puzzled for a while. Then I realized that they meant carbonated beverages. Where I grew up, soda is a carbonated beverage with ice cream in it. "Pop" is the term in everyday usage for a plain carbonated beverage. It got me thinking about the confusion that could arise from making assumptions on terminology. We, when posting, might use a term that means something else to someone else. The reader may not realize it. Anyway.... I'd like to take an informal poll (for those still reading). Drop me a line (to dfcameron@yahoo.com directly). Let me know what the common term is for carbonated beverages where you live, and tell me where you live. It seems that "soda" is used on the east coast, and California. "Pop" is in the central part of the U.S. In parts of the South, it is "coke" regardless of brand. But, I may be overgeneralizing. Also, I have no idea what Elisabeth Archambault would call it. Dave ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.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: Sun, 30 Jun 2002 19:02:52 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] Had to share this I fear that our little contribution has no impact. So what if we get scared (or don't). The way breakouts keep getting smashed indicates that we are a minority and swimming up stream. Kent Norman - --- Tom Worley wrote: > MessageHelp me up, Duke, I can't see for the tears of laughter in my > eyes!! > > I just hope all this humor lately doesn't end up cutting into the > fear factor, we need the fear if we are ever to bottom out. > > ----- Original Message ----- > From: Duke Miller > To: CANSLIM > Sent: Sunday, June 30, 2002 3:11 PM > Subject: [CANSLIM] Had to share this > > > Folks, up front, I apologize deeply for going off topic here. So if > "off-topic" offends you, hit the delete key now. It's a great way to > end the Andersen bashing, once and for all. Below is an item by a > columnist in this morning's St. Petersburg Times. After you read it, > I may have stopped laughing enough to help you up off the floor. > ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Yahoo! - Official partner of 2002 FIFA World Cup http://fifaworldcup.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: Sun, 30 Jun 2002 23:21:30 EDT From: KLall1112@aol.com Subject: Re: [CANSLIM] Andersen/CANSLIM/an informal poll/etc. Dave: We are definitely in the CANSLIM environment. M is lousy. CANSLIM says make wish lists and stay in cash till M invites you to come in The MARKET! Kris - - - -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: Sun, 30 Jun 2002 23:52:47 EDT From: KLall1112@aol.com Subject: Re: [CANSLIM] Now Xerox? Hi Ernie: The market always climbs a wall of worry in a Bull Market. We are in a Bear Market where those who are in the market keep sliding down the slippery hill of hope. Let us sit tight and wait patiently outside the door of the market. THOU SHALL CERTAINLY BE REWARDED WHO HAVE THE CASH WHEN THE MARKET IS IN PANIC TO INVEST AND BE A GOOD CITIZEN (Carneigi). Sincerely, Kris - - - -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: Sun, 30 Jun 2002 23:01:26 -0700 From: David Subject: [CANSLIM] Please add my friend to your list Please add: liptbeck@cs.com to the CANSLIM list. Thank you very much. David - - - -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: Sun, 30 Jun 2002 23:56:25 -0700 From: "zillagirl" Subject: [CANSLIM] ge down This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C22091.BE25F2E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I read on a board that credited london AFX-UK via Comtex-that GE = inflated profits last year by 2.1 billion using credit from pension = profits or it would not have met its earnings. This is legal (but may be = changing I think) The 50 billion fund was down by 5 billion. Also the = revenue growth was down for 8 quarters and flat growth with increased = earnings wont fly forever. I know this is off topic and its not = accounting fraud, but may explain why GE is cut in half last year. = thanks noted I heard it on a board so it can be taken from its source. - ------=_NextPart_000_000F_01C22091.BE25F2E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I read on a board that credited london = AFX-UK via=20 Comtex-that GE inflated profits last year by 2.1 billion using credit = from=20 pension profits or it would not have met its earnings. This is legal = (but may be=20 changing I think) The 50 billion fund was down by 5 billion. Also the = revenue=20 growth was down for 8 quarters and flat growth with increased earnings = wont fly=20 forever.  I know this is off topic and its not accounting fraud, = but may=20 explain why GE is cut in half last year. thanks noted I heard it on a = board so=20 it can be taken from its source.
- ------=_NextPart_000_000F_01C22091.BE25F2E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 07:09:56 -0500 From: William J Butler Jr Subject: Re: [CANSLIM] Andersen - what happens to new recruits Dear Anderson Commentators, I have been reading this list for about six months. I really like it when it sticks to the stated topic of discussing CANSLIM. But I am getting awfully tired of the off topic posts, especially when there seem to be 200 hundred of them and two CANSLIM posts. Is there somewhere else you all can take your off topic posts? Thanks, Bill Butler On Sun, 30 Jun 2002 15:08:20 -0400 "Tom Worley" writes: > jans, > > I didn't get the impression that Dave was trying to excuse or allow > unethical or illegal conduct by Andersen employees. Rather, I took > his post > to provide more background on how these "fresh from the classroom > training > environment" people could be convinced to do things differently, and > against > what they had been taught. I clearly remember studying celestial > navigation > at sea, and having to produce a position accurate to within 2 > nautical > miles. When I asked why such accuracy in deep open waters, I was > told simply > that they (the instructors) realized that in the real world I would > get > sloppy, so if they started me at 2 miles, even with slop I still > could put > the ship within 5 miles of where it really was, and that would still > be > acceptable. > > The guidance given by Andersen auditors to major corps, or the false > or > misleading bookkeeping that they signed off on, goes to corporate > practice > and policy of Andersen, starting right at the partners level. > Probably for > some distance down in the organization, people clearly knew (or at > least > were questioning if) they were doing wrong. But further down in the > organization, people may have been confused, but accepted that it > was ok > because it was directed by people they trusted, and who had been > auditing > many more years than they had. > > Accountability must start at the very top, they can't be allowed to > escape > the damage done, not just with the Worldcoms and Enrons and Sunbeams > and > Waste Managements and Global Crossings, but to the entire financial > institution and its accounting system. The pattern is clear, and has > been > clear for some years. It would be false, tragic even, if the > partners escape > by claiming lack of knowledge of what was going on, it is obvious to > me that > what was happening was normal corporate policy, directed right from > the top > of the organization. > > ----- Original Message ----- > From: > To: > Sent: Sunday, June 30, 2002 2:38 PM > Subject: Re: [CANSLIM] Andersen - what happens to new recruits > > > David: > > Although this is not Canslim, since your remark was posted on > the > CANSLIM forum, I feel I should post my answer here: > > Those poor little boys and girls. My heart bleeds for them. > It is not > their fault that they do something unscrupulous (no more than it was > the > fault of those who taught them the "Anderson" way-after all the > tutors were > themselves taught to be unethical by their own unscrupulous Anderson > teachers-and no doubt they were as impressionably callow as the > 1987-year > people. Of course, this could go on ad infinitum). > > So long as you allow people to be unethical and unlawful by > excusing > their unethical and illegal behavior, you are going to get more of > it-especially if the crime costs less than the probability that the > crime > will be punished through condemnation and jail time. > > After all, a baby isn't born good; he/she has to be taught to > do the > right thing. However, apparently, all this learning falls by the > wayside > once Anderson-like training centers get their diabolical hands on > the > "kids". > Those poor impressionable youngsters-as a result of the training > they've > received from the demon Anderson guys-cannot remember the difference > between > right and wrong. What Balderdash. > > These are NOT children. If one continues to treat adults like > children > by making excuses for their unethical behavior, then this population > will > become nothing but a nation of whining miscreants. Just, by the > way, what > we > need now to fight terrorists and terrorism. > > jans > > In a message dated 6/29/2002 10:53:38 PM Eastern Daylight Time, > dfcameron@yahoo.com writes: > > << In 1987, I started my professional career in Chicago. I was 24 > years old, new to Chicago. I wanted to learn my way around, make > some new friends, etc.... much like young people new to an area > will. > My company was located close to Arthur Andersen's training center > (which is really about 40 miles west of Chicago - but in the > Chicago > metro area). I had the chance to meet several Andersen recruits. > These were young men and women who were (usually) fresh out of > school, eager to make their mark, and new to the ways of business. > Their story (told independently by several people over the next > several months) told of a boot camp like environment, with 70+ hour > weeks, continual indoctrination in "the Andersen way" and even > lodging together during stretches. > > The company I worked for had no such thing. Only years later did > I > realize that Andersen's approach was to get these people out of > college before they knew what other companies did, work them very > hard, and get them well indoctrinated. Many left once they got > some > experience, but many stayed on - only knowing what Andersen taught > as > THE way business should be run. > > In retrospect, I suspect that some of the shady dealings by senior > members of Andersen were just drummed in to young impressionable > people as "that's the way things are done in business". > > Again, take this for what its worth. I didn't go through it. I > have a friend who I still keep in touch with who worked for Arthur > Andersen Co. in Chicago. This was also 15 years ago. But... > maybe > it sheds some light on how things got they way they are. > >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 11:21:25 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Andersen - what happens to new recruits Mr. Butler: I understand and agree with your suggestion, but only because I think the topic possibly has run its course. A discussion of Andersen is very pertinent to CAN SLIM, because we rely on accurate accounting at every turn. If found it interesting that roughly 80% of this Sunday's business section (the top 5 ranked daily in the country, by the way, which includes WSJ Sunday Edition) dealt with fraud and the havoc it has created with investors. Point is, this is timely. I started a string a week ago, opening up a discussion that essentially seeks ways to avoid the unscrupulous practices of heretofore trusted entities. Did it get a little out of hand? Yes. Did I contribute to that? Yes. Do I feel more informed and able to (hopefully) work around the accounting "axis of evil"? Yes. What did I find most useful in this discussion? Like everything else in investing in the market, there are no "pat" answers. Welcome to our group, and we look forward to your joining in the day-to-day activity. Respectfully, Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of William J Butler Jr Sent: Monday, July 01, 2002 8:10 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Andersen - what happens to new recruits Dear Anderson Commentators, I have been reading this list for about six months. I really like it when it sticks to the stated topic of discussing CANSLIM. But I am getting awfully tired of the off topic posts, especially when there seem to be 200 hundred of them and two CANSLIM posts. Is there somewhere else you all can take your off topic posts? Thanks, Bill Butler On Sun, 30 Jun 2002 15:08:20 -0400 "Tom Worley" writes: > jans, > > I didn't get the impression that Dave was trying to excuse or allow > unethical or illegal conduct by Andersen employees. Rather, I took his > post to provide more background on how these "fresh from the classroom > training > environment" people could be convinced to do things differently, and > against > what they had been taught. I clearly remember studying celestial > navigation > at sea, and having to produce a position accurate to within 2 > nautical > miles. When I asked why such accuracy in deep open waters, I was > told simply > that they (the instructors) realized that in the real world I would > get > sloppy, so if they started me at 2 miles, even with slop I still > could put > the ship within 5 miles of where it really was, and that would still > be > acceptable. > > The guidance given by Andersen auditors to major corps, or the false > or > misleading bookkeeping that they signed off on, goes to corporate > practice > and policy of Andersen, starting right at the partners level. > Probably for > some distance down in the organization, people clearly knew (or at > least > were questioning if) they were doing wrong. But further down in the > organization, people may have been confused, but accepted that it > was ok > because it was directed by people they trusted, and who had been > auditing > many more years than they had. > > Accountability must start at the very top, they can't be allowed to > escape > the damage done, not just with the Worldcoms and Enrons and Sunbeams > and > Waste Managements and Global Crossings, but to the entire financial > institution and its accounting system. The pattern is clear, and has > been > clear for some years. It would be false, tragic even, if the > partners escape > by claiming lack of knowledge of what was going on, it is obvious to > me that > what was happening was normal corporate policy, directed right from > the top > of the organization. > > ----- Original Message ----- > From: > To: > Sent: Sunday, June 30, 2002 2:38 PM > Subject: Re: [CANSLIM] Andersen - what happens to new recruits > > > David: > > Although this is not Canslim, since your remark was posted on > the > CANSLIM forum, I feel I should post my answer here: > > Those poor little boys and girls. My heart bleeds for them. > It is not > their fault that they do something unscrupulous (no more than it was > the > fault of those who taught them the "Anderson" way-after all the > tutors were > themselves taught to be unethical by their own unscrupulous Anderson > teachers-and no doubt they were as impressionably callow as the > 1987-year > people. Of course, this could go on ad infinitum). > > So long as you allow people to be unethical and unlawful by > excusing > their unethical and illegal behavior, you are going to get more of > it-especially if the crime costs less than the probability that the > crime > will be punished through condemnation and jail time. > > After all, a baby isn't born good; he/she has to be taught to > do the > right thing. However, apparently, all this learning falls by the > wayside > once Anderson-like training centers get their diabolical hands on > the > "kids". > Those poor impressionable youngsters-as a result of the training > they've > received from the demon Anderson guys-cannot remember the difference > between > right and wrong. What Balderdash. > > These are NOT children. If one continues to treat adults like > children > by making excuses for their unethical behavior, then this population > will > become nothing but a nation of whining miscreants. Just, by the > way, what > we > need now to fight terrorists and terrorism. > > jans > > In a message dated 6/29/2002 10:53:38 PM Eastern Daylight Time, > dfcameron@yahoo.com writes: > > << In 1987, I started my professional career in Chicago. I was 24 > years old, new to Chicago. I wanted to learn my way around, make > some new friends, etc.... much like young people new to an area > will. > My company was located close to Arthur Andersen's training center > (which is really about 40 miles west of Chicago - but in the > Chicago > metro area). I had the chance to meet several Andersen recruits. > These were young men and women who were (usually) fresh out of > school, eager to make their mark, and new to the ways of business. > Their story (told independently by several people over the next > several months) told of a boot camp like environment, with 70+ hour > weeks, continual indoctrination in "the Andersen way" and even > lodging together during stretches. > > The company I worked for had no such thing. Only years later did > I > realize that Andersen's approach was to get these people out of > college before they knew what other companies did, work them very > hard, and get them well indoctrinated. Many left once they got > some > experience, but many stayed on - only knowing what Andersen taught > as > THE way business should be run. > > In retrospect, I suspect that some of the shady dealings by senior > members of Andersen were just drummed in to young impressionable > people as "that's the way things are done in business". > > Again, take this for what its worth. I didn't go through it. I > have a friend who I still keep in touch with who worked for Arthur > Andersen Co. in Chicago. This was also 15 years ago. But... > maybe > it sheds some light on how things got they way they are. > >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or -"unsubscribe > canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or -"unsubscribe > canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 11:32:38 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Too much information in IBD This is a multi-part message in MIME format. - ------=_NextPart_000_000A_01C220F3.010F31F0 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Kelly, I download the screen to Excel every day. When you do so, you'll discover, as I did, additional columns are included that provide much more data. After I save the screen to a folder, I open it in Excel, then sort various columns to meet my own personal criteria. For instance, while the companies listed meet the screen's criteria, some may have an SMR of C or worse. So I eliminate those rows from the sheet. What you end up with, over time, is a group of companies that may be of high interest to you when M turns. Remember, they make these screens (of late, anyway) because they're doing well in a bad M. Also, screens recur on an irregular basis, so when I save them, I add the current date. You can then review them to see which companies are falling off the screen and which are holding out. My two cents. Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of David Taggart Sent: Friday, June 28, 2002 3:47 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Too much information in IBD I personally like all the features but only use a few of them. I mostly just read the paper. I like the weekend review every friday and if it a good investors corner I save it. I have dailygraphs and other computer stuff so I dont use all the features like I used to. I like the newspaper part where they cover companies and industries because they usually focus on the smaller cap names instead of another damn article on MSFT. David Taggart - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kelly Short Sent: Friday, June 28, 2002 1:42 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Too much information in IBD I recently started reviewing the "Screen of the Day" on the IBD website everyday. It's a lot of information to digest and certainly there are too many companies to perform a detailed analysis of each one on each list. I welcome any comments on how you personally find this, and other lists, useful and how you prioritize the myriad information found on the IBD site/print edition. Kelly - ------=_NextPart_000_000A_01C220F3.010F31F0 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
Kelly,
 
I download the = screen to=20 Excel every day.  When you do so, you'll discover, as I did, = additional=20 columns are included that provide much more data.  =
 
After I save = the screen to=20 a folder, I open it in Excel, then sort various columns to meet my own = personal=20 criteria.  For instance, while the companies listed meet the = screen's=20 criteria, some may have an SMR of C or worse.  So I eliminate those = rows=20 from the sheet.  What you end up with, over time, is a group of = companies=20 that may be of high interest to you when M turns.  Remember, they = make=20 these screens (of late, anyway) because they're doing well in a bad = M. =20
 
Also, screens = recur on an=20 irregular basis, so when I save them, I add the current date.  You = can then=20 review them to see which companies are falling off the screen and which = are=20 holding out. 
 
My two=20 cents.
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of David Taggart
Sent: Friday, June 28, = 2002 3:47=20 PM
To: canslim@lists.xmission.com
Subject: RE: = [CANSLIM]=20 Too much information in IBD

I=20 personally like all the features but only use a few of them.  I = mostly=20 just read the paper.  I like the weekend review every friday and = if it a=20 good investors corner I save it.  I have dailygraphs and other = computer=20 stuff so I dont use all the features like I used to.  I like = the=20 newspaper part where they cover companies and industries because they = usually=20 focus on the smaller cap names instead of another damn article on=20 MSFT.
 
David Taggart
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kelly=20 Short
Sent: Friday, June 28, 2002 1:42 PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Too much = information=20 in IBD

I=20 recently started reviewing the "Screen of the Day" on the IBD = website=20 everyday. It's a lot of information to digest and certainly there = are too=20 many companies to perform a detailed analysis of each one on each = list. I=20 welcome any comments on how you personally find this, and other = lists,=20 useful and how you prioritize the myriad information found on the = IBD=20 site/print edition.
 
Kelly
- ------=_NextPart_000_000A_01C220F3.010F31F0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 10:32:15 -0700 From: "Bill Triffet" Subject: Re: [CANSLIM] OT - Andersen - what happens to new recruits Hi Bill, Normally one should put the symbol OT in front of the thread to simplify the deletion process but seeing the words Anderson should also help in this regard. Now here's why I like this discussion we've had here about Andereon, Enron, Worldcom, etc... Canslim is not daytrading, swingtrading, or momentum investing. It's not only about chart patterns. A cup with handle ready to breakout without an HONEST earnings report is useless. It's about fundamentals. I'm mad as hell that I can't trust my usual sites for earning info because I can't assume it's true. It takes due diligence to a whole new level - a level that compromises the time I have to research a stock. This bad reporting of earnings undermines the values used by virtually every stock data site available. That is why it's being discussed so hotly. Call me naive, but I just learned this year that Andersen was doing the consulting AND the accounting for many companies (sic). I learned that on this group (like I said, call me naive). These topics have pointed me in directions of where to find things out. Example: lists of companies that were using Andersen. Very important information in my book. Trust me, when the market does turn around, you'll see watch lists, follow-thru counts, and specific stock commentary as it's brought up. Feel free to bring up any canslim discussion you wish. It's still gladly accepted here. Heck, I'm still having a hard time putting a watch list together myself. - -Bill (another Bill...) - ----- Original Message ----- From: "William J Butler Jr" To: Sent: Monday, July 01, 2002 5:09 AM Subject: Re: [CANSLIM] Andersen - what happens to new recruits > Dear Anderson Commentators, > > I have been reading this list for about six months. I really like it > when it sticks to the stated topic of discussing CANSLIM. > > But I am getting awfully tired of the off topic posts, especially when > there seem to be 200 hundred of them and two CANSLIM posts. > > Is there somewhere else you all can take your off topic posts? > > Thanks, > > Bill Butler - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 14:02:36 -0400 From: "Winston Little" Subject: [CANSLIM] General This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C22107.F40437C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Bill Butler: My belief is that the success or value of any site is dependent on the = PARTICIPATION and CONTRIBUTION of people using it. During the past six months, have you made much PARTICIPATION or = CONTRIBUTION to the CANSLIM site? I like it when the market goes up. Yet although the market has not gone up very much recently, I still have = done some buying and some selling, instead of standing on the street = corner protesting and complaining that the market is all bad or totally = crooked. My expectation is that by participating in the market activity (even on = a reduced scale ) things will improve. It is along that thought process that I have been a participant in some = of the recent tangential subjects. If the vote is that this must terminate, please advise, and I will act = appropriately.=20 W.L. Dear Anderson Commentators, > > I have been reading this list for about six months. I really like it > when it sticks to the stated topic of discussing CANSLIM. > > But I am getting awfully tired of the off topic posts, especially when > there seem to be 200 hundred of them and two CANSLIM posts. > > Is there somewhere else you all can take your off topic posts? > > Thanks, > > Bill Butler - ------=_NextPart_000_0021_01C22107.F40437C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Bill Butler:
My belief is that the success or value of any site = is=20 dependent on the PARTICIPATION and CONTRIBUTION of people using = it.
 
During the past six months, have you made much=20 PARTICIPATION or CONTRIBUTION to the CANSLIM site?
 
I like it when the market goes up.
Yet although the market has not gone up very = much=20 recently, I still have done some buying and some selling, instead = of=20 standing on the street corner protesting and complaining that the market = is all=20  bad or totally crooked.
My expectation is that by participating in the = market activity=20 (even on a reduced scale ) things will improve.
 
It is along that thought process that I have been a=20 participant in some of the recent tangential subjects.
If the vote is that this must terminate, please = advise, and I=20 will act appropriately.
 
W.L.
 
 
Dear Anderson = Commentators,
>
> I=20 have been reading this list for about six months.  I really like = it
>=20 when it sticks to the stated topic of discussing = CANSLIM.
>
> But I=20 am getting awfully tired of the off topic posts, especially when
> = there=20 seem to be 200 hundred of them and two CANSLIM posts.
>
> Is = there=20 somewhere else you all can take your off topic posts?
>
>=20 Thanks,
>
> Bill = Butler
- ------=_NextPart_000_0021_01C22107.F40437C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Jul 2002 13:07:30 -0500 From: "Katherine Malm" Subject: [CANSLIM] Earnings Confidence Pt 2 This is a multi-part message in MIME format. - ------=_NextPart_000_0088_01C22100.41E5EFE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi All, I posted part 1 of this article last week during our discussion of WCOM, = EBITDA earnings, etc... I've uploaded both parts to the CANSLIM site at: http://WallStreet-LLC.com/canslim/TheEarningsConfidenceProblem.doc = (this is a Word document) - -Katherine - ------=_NextPart_000_0088_01C22100.41E5EFE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi All,
 
I posted part 1 of this article last week during our discussion of = WCOM,=20 EBITDA earnings, etc...
 
I've uploaded both parts to the CANSLIM site at:
 
http://WallStreet-LLC.com/canslim/TheEarningsConfidenceProblem.doc=  =20 (this is a Word document)
 
 
-Katherine
- ------=_NextPart_000_0088_01C22100.41E5EFE0-- - - - -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 #2549 ****************************** 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.