Re: [CANSLIM] Stock lists

From: Spencer48@aol.com
Subject: Re: [CANSLIM] Stock lists
Date: Mon, 25 Feb 2002 17:28:02 EST

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Patrick:

     You're right.  CMX does have an interesting looking chart.  And its 
earnings and sales are nice.  Moreover, its short interest is high (8.1), and 
its PEG (as Ian, and now I, calculate it) is a nice .79  

     However, DG lists its ROE as "NA" which makes me wonder how competent 
the company is in investing its equity (I've see DG's "NA" in ROE only when 
the company has had minus earnings in the last quarter or two).  I also 
wonder at a company that refuses to convey it's stats:  The earnings and 
equity are known by the company-why doesn't it reveal its ROE (Its website is 
not highlighted in DG)?  Also,  its SMR is unrated by DG.

     In addition cash flow is less than 2001 earnings:  This makes me wonder 
(along with the above) how trustworthy its accounting is.   From a Canslim 
perspective I'd pass because it's float is owned by 41% funds (moreover, what 
appears to be a skittish manangement owns only 5%).  There is also over 220 
million shares in the float.

jans


In a message dated 2/25/2002 3:05:33 PM Eastern Standard Time, 
pjwahl@attbi.com writes:

<< Well, only one stock, certainly worth a look and of course do your own 
homework, 
 figure things out for yourself, caveat emptor, etc etc.  Anyway Caremark 
(CMX) has 
 got a pretty nice looking chart, decent earnings.  The question mark might 
be that 
 revenue growth has slowed a bit, but its not a substantial slowdown, and 
earnings 
 growth continues to be very strong. >>

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