[CANSLIM] My Market Guide CANSLIM screen


From: "Mike Hofmann" <sfmcanslim@hotmail.com>
Subject: [CANSLIM] My Market Guide CANSLIM screen
Date: Mon, 21 Jan 2002 18:17:12 -0800

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All,

I've been playing around with Market Guide quite a bit the past few =
weeks. I built a screen that I thought would yield a list of CANSLIM =
candidates for further research. Here are my screening criteria and the =
number of stocks left after each (Market Guide has 9385 companies in its =
database):

         Criteria Results=20
       1  {EPS%ChgPYQ}>=3D25   1103=20
       2  {Sales%ChgPYQ}>=3D25   310=20
       3  {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0   103=20
       4  {EPS5YCGr%}>=3D25   33=20
       5  {EPS3YCGr%}>=3D25   16=20
       6  {ShsOutMR}<=3D25   6=20
       7  {Price}>=3D10   4=20


I was disappointed that my screen only left me with 4 stocks, one of =
which is in deep doo-doo with the SEC (CHEZ). I think the shorthand =
should be decipherable, but just in case it's not:

EPS%ChgPYQ =3D Quarter over Quarter % Change in EPS
Sales%ChgPYQ =3D Quarter over Quarter % Change in Sales
EPS%ChgTTM =3D Trailing twelve months % Change in EPS from previous TTM
EPS5YCGr% =3D EPS 5-year growth rate (%)
EPS3YCGr% =3D EPS 3-year growth rate (%)
ShsOutMR =3D Shares outstanding (mill.)

The 3rd criterion was my attempt to seek companies with recently =
increasing earnings.

I think these criteria are true to CANSLIM as taught by WON/IBD, no? In =
fact, I think WON recommends a share price cut-off of 15 instead of the =
10 I'm using. If I relax all of the % Change criteria from 25 to 20, I =
get 5 more companies. Assuming my criteria are truly CANSLIMish, I =
suppose it means that CANSLIMmers should be on the sidelines at least =
until this round of earnings reports comes in.

btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are =
ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria =
are DKWD, ICUI, MINI, PENN & SCOR.

Please tell me if/where I'm missing the boat here.

Thanks,
Mike

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<DIV><FONT face=3DArial size=3D2>All,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I've been playing around with Market =
Guide quite a=20
bit the past few weeks. I built a screen that I thought would yield a =
list of=20
CANSLIM candidates for further research. Here are my screening criteria =
and the=20
number of stocks left after each (Market Guide has 9385 companies in its =

database):</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV>
<TABLE width=3D640 bgColor=3Dwhite border=3D1>
  <TBODY>
  <TR>
    <TD align=3Dleft bgColor=3D#c0c0c0><FONT face=3DArial,Helvetica=20
      size=3D2><B>&nbsp;&nbsp;</B></FONT></TD>
    <TD align=3Dleft width=3D570 bgColor=3D#c0c0c0><FONT =
face=3DArial,Helvetica=20
      size=3D2><B>Criteria</B></FONT></TD>
    <TD align=3Dmiddle width=3D70 bgColor=3D#c0c0c0><FONT =
face=3DArial,Helvetica=20
      size=3D2><B>Results</B></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;1</B></FONT></TD>
    <TD id=3DExprLine0 onclick=3DSetActiveExpression(0); align=3Dleft=20
      bgColor=3D#ccccff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{EPS%ChgPYQ}&gt;=3D25</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(1);">1103</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;2</B></FONT></TD>
    <TD id=3DExprLine1 onclick=3DSetActiveExpression(1); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{Sales%ChgPYQ}&gt;=3D25</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(2);">310</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;3</B></FONT></TD>
    <TD id=3DExprLine2 onclick=3DSetActiveExpression(2); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      =
size=3D-1>{EPS%ChgPYQ}&gt;{EPS%ChgTTM}.AND.{EPS%ChgTTM}&gt;0</FONT>=20
      </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(3);">103</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;4</B></FONT></TD>
    <TD id=3DExprLine3 onclick=3DSetActiveExpression(3); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{EPS5YCGr%}&gt;=3D25</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(4);">33</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;5</B></FONT></TD>
    <TD id=3DExprLine4 onclick=3DSetActiveExpression(4); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{EPS3YCGr%}&gt;=3D25</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(5);">16</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;6</B></FONT></TD>
    <TD id=3DExprLine5 onclick=3DSetActiveExpression(5); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{ShsOutMR}&lt;=3D25</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      href=3D"javascript:doResults(6);">6</A></FONT></TD></TR>
  <TR>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica=20
size=3D2><B>&nbsp;7</B></FONT></TD>
    <TD id=3DExprLine6 onclick=3DSetActiveExpression(6); align=3Dleft=20
      bgColor=3D#ffffff><FONT face=3DCourier><NOBR>&nbsp;<FONT =
face=3Dcourier=20
      size=3D-1>{Price}&gt;=3D10</FONT> </NOBR></FONT></TD>
    <TD align=3Dmiddle><FONT face=3DArial,Helvetica size=3D2>&nbsp;<A=20
      =
href=3D"javascript:doResults(7);">4</A></FONT></TD></TR></TBODY></TABLE><=
/DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I was disappointed that my screen only =
left me with=20
4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I think =
the=20
shorthand should be decipherable, but just in case it's =
not:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DCourier size=3D2>EPS%ChgPYQ =3D Quarter over Quarter % =
Change in=20
EPS</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2>Sales%ChgPYQ =3D Quarter over Quarter =
% Change in=20
Sales</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2>EPS%ChgTTM =3D Trailing twelve months =
% Change in=20
EPS&nbsp;from previous TTM</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2>EPS5YCGr% =3D EPS 5-year growth rate=20
(%)</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2>EPS3YCGr% =3D EPS 3-year growth rate=20
(%)</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2>ShsOutMR =3D Shares outstanding=20
(mill.)</FONT></DIV>
<DIV><FONT face=3DCourier size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>The 3rd criterion was my attempt to =
seek companies=20
with recently increasing earnings.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I think these criteria are true to =
CANSLIM as=20
taught by WON/IBD, no? In fact, I think WON recommends a share price =
cut-off of=20
15 instead of the 10 I'm using. If I relax all of the % Change criteria =
from 25=20
to 20, I get 5 more companies. Assuming my criteria are truly =
CANSLIMish, I=20
suppose it means that CANSLIMmers should be on the sidelines at least =
until this=20
round of earnings reports comes in.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>btw, the other 3 stocks (besides CHEZ) =
that meet=20
the 25% criteria are ACRT, MGAM &amp; TARO. The additional 5 that meet =
the 20%=20
growth criteria are DKWD, ICUI, MINI, PENN &amp; SCOR.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Please tell me if/where I'm missing the =
boat=20
here.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Thanks,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Mike</FONT></DIV></BODY></HTML>

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