Re: [CANSLIM] Canslim Evaluation Tool

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] Canslim Evaluation Tool
Date: 3 Apr 2002 20:20:34 -0800

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Yeah, I like the charts, even MOVI, am so-so on the fundies, and that is 
the cream of my HGS crop. I never did pay any attn to the fundies beyond 
the fact that they meet my scan criteria, at least according to HGS data.

At 08:09 PM 4/3/2002 -0500, you wrote:
>OK, Tim, I waded thru the emails, and so far no one was willing to take up
>the challenge, so I'll put on my negatively biased trifocals and see if I
>can find fault with these:
>
>KKD - as the longer terms members know, I love (read am addicted to) their
>hot glazed donuts right off the rack. But could never be convinced that a
>valuation multiple in the very high double digits was good investing. Still
>am not with trailing PE of 88 and projected PE of 62. Short term trend
>downward, breaking 50DMA today.
>
>SYPR - gotta be careful here, as I have this small cap in my VR Fund where I
>have a small profit, 12 month trend clearly up, sequential earnings growth
>support the big annual earnings forecasts for this year and next, I don't
>like the much slower growth in sales, debt is high (114%), ROE is low (9%),
>management ownership very high (87%) which means they can do anything they
>want without shareholder recourse, including selling big blocks of their
>stock or taking the company private at virtually any price.
>
>PER - single digit sales growth, weak earnings forecast (9 & 18% this year
>and next)
>
>MOVI - erratic chart, wouldn't get excited about it till it breaks 20.16 on
>volume, I don't trust the forecasts on this one, mostly gut sense of what
>"people" are doing in real world vs right after 9/11
>
>GPI - 6% earnings growth this year (above company forecasts) and 17% next
>year doesn't excite me
>
>SAH - my economics flavor kicks in here, I don't see car sales doing well
>this year, so can't believe the 21% earnings forecast even with the Don
>Massey acquisitions, there's not that much juice after recent acquisitions
>to bolster essentially flat earnings and sales that much, IMO
>
>TUES - I'll try to be gentle, since you own this one, and I rarely spend
>money so am a poor judge of consumer habits, management has 72% of the
>float, and funds got 43% of what's left, that's hefty, earnings way
>unpredictable, from several pennies for three qtrs to 63 cents, I wouldn't
>know what to expect?, debt a shocking 549% and cash flow essentially flat
>with earnings
>
>FCN - had an easy year for comparisons in 2001, but 2002 will be far more
>difficult, funds own 47% and management only owns 15%, cash flow below
>earnings
>
>Nothing motivated me, I am continuing to build my cash reserves until "M"
>cleans up its act,
>
>Tom Worley
>stkguru@bellsouth.net
>AIM: TexWorley
>----- Original Message -----
>From: "Tim Fisher" <Tim@orerockon.com>
>To: <canslim@lists.xmission.com>
>Sent: Wednesday, April 03, 2002 9:43 AM
>Subject: RE: [CANSLIM] Canslim Evaluation Tool
>
>
>Forgive me if I totally disagree with you. There are still quite a few
>practically perfect CANSLIM stocks out there to discuss, i.e. DFXI, without
>bringing up these extremely sub-par candidates. I would not discourage
>anyone from bringing them up for discussion, just that when their faults
>are pointed out, that the advice offered be taken for what it is, namely
>free.  Take it or ignore it,  but always remember, YGWYPF! IMNSHO. Want
>something to do with your free time? Rip these apart:
>
>KKD SYPR PER MOVI GPI SAH TUES FCN
>
>Hint: The C&H isn't the only chart formation out there, nor is it the one
>that necessarily is the best CANSLIM buy, particularly in this M...
>
>At 09:16 AM 4/3/2002 -0500, you wrote:
> >Easy, Tim:
> >
> >While the M's away the CANSLIMMERS must play!
> >
> >Duke
> >
> >-----Original Message-----
> >From: owner-canslim@lists.xmission.com
> >[mailto:owner-canslim@lists.xmission.com] On Behalf Of Tim Fisher
> >Sent: Tuesday, April 02, 2002 9:19 PM
> >To: canslim@lists.xmission.com
> >Subject: RE: [CANSLIM] Canslim Evaluation Tool
> >
> >
> >A stock 30% below its 52 wk high and with the 50dma under the 200 gets a
> >
> >10? Out of what, 100? Seriously, how is this a CANSLIM chart?
> >
>
>Tim Fisher
>Ore-ROCK-On Rockhounding Web Site
>Owner, Fisher Fisheries, Ltd.
>mailto:tim@OreRockOn.com
>WWW http://OreRockOn.com
>
>
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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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