Re: [CANSLIM] CHBS


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] CHBS
Date: Mon, 28 Jan 2002 21:20:44 -0600

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Hi Warren and jans,

DGO is a little obtuse on these numbers, so here's how they fall into =
place:

Outstanding shares =3D 24.7m
Management/Insiders own 8% of the *outstanding* shares (1.9m)
The remaining 92% of outstanding shares are in float (22.8m)

Institutions (banks/funds) owns 39 + 16% =3D 55% of the *float* (12.5m)
Everybody else owns 45% of the float (10.3m)

Either way, institutional ownership is on the high side!

Katherine
  ----- Original Message -----=20
  From: Spencer48@aol.com=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, January 28, 2002 8:56 PM
  Subject: Re: [CANSLIM] CHBS


  Warren:

       In DGO, Funds own 39% (not 93%) of the stock float.  Banks own =
16%, and=20
  management owns 8%.  Thus 61% of CHBS' float is neither owned by funds =
nor=20
  management.

  jans


  In a message dated 1/28/2002 9:19:39 PM Eastern Standard Time,=20
  wkeuffel@xmission.com writes:

  << Thanks.  Someone (who wishes to remain anonymous) pointed out that =
CHBS=20
   has 93% institutional ownership (99% of the float!) and therefore=20
   concludes that there is little further room for the big money to move =

   in.  Sounds logical to me.  Anyway I also discovered that a small-cap =

   mutual fund that I invest in is the 2nd largest institutional holder =
of=20
   CHBS, so I am already getting a piece of that action.
  =20
   Warren
    >>

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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 5.50.4611.1300" name=3DGENERATOR>
<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV>Hi Warren and jans,</DIV>
<DIV>&nbsp;</DIV>
<DIV>DGO is a little obtuse on these numbers, so here's how they fall =
into=20
place:</DIV>
<DIV>&nbsp;</DIV>
<DIV>Outstanding shares =3D 24.7m</DIV>
<DIV>Management/Insiders own 8% of the *outstanding* shares (1.9m)</DIV>
<DIV>The remaining 92% of outstanding shares are in float (22.8m)</DIV>
<DIV>&nbsp;</DIV>
<DIV>Institutions (banks/funds) owns 39 + 16% =3D 55% of the *float* =
(12.5m)</DIV>
<DIV>Everybody else owns 45% of the float (10.3m)</DIV>
<DIV>&nbsp;</DIV>
<DIV>Either way, institutional ownership is on the high side!</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3DSpencer48@aol.com=20
  href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, January 28, 2002 =
8:56=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
CHBS</DIV>
  <DIV><BR></DIV>Warren:<BR><BR>&nbsp;&nbsp;&nbsp;&nbsp; In DGO, Funds =
own 39%=20
  (not 93%) of the stock float.&nbsp; Banks own 16%, and <BR>management =
owns=20
  8%.&nbsp; Thus 61% of CHBS' float is neither owned by funds nor=20
  <BR>management.<BR><BR>jans<BR><BR><BR>In a message dated 1/28/2002 =
9:19:39 PM=20
  Eastern Standard Time, <BR><A=20
  href=3D"mailto:wkeuffel@xmission.com">wkeuffel@xmission.com</A>=20
  writes:<BR><BR>&lt;&lt; Thanks.&nbsp; Someone (who wishes to remain =
anonymous)=20
  pointed out that CHBS <BR>&nbsp;has 93% institutional ownership (99% =
of the=20
  float!) and therefore <BR>&nbsp;concludes that there is little further =
room=20
  for the big money to move <BR>&nbsp;in.&nbsp; Sounds logical to =
me.&nbsp;=20
  Anyway I also discovered that a small-cap <BR>&nbsp;mutual fund that I =
invest=20
  in is the 2nd largest institutional holder of <BR>&nbsp;CHBS, so I am =
already=20
  getting a piece of that action.<BR>&nbsp;<BR>&nbsp;Warren<BR>&nbsp;=20
  &gt;&gt;<BR><BR>-<BR>-To subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
  email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
  not use quotes in your email.</BLOCKQUOTE></BODY></HTML>

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