Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] ODSY
Date: Thu, 11 Apr 2002 11:22:10 -0400
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This is a multi-part message in MIME format. - ------=_NextPart_000_008C_01C1E14B.1EE3D8D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Eric, the biggest reason I personally would have to avoid this one is = that it has not been publicly traded for at least a year. I have no = faith at all (even before Enron) with the presentation of "pro forma" = data. For a company to tell you (as they try to go public and in hopes you = will buy and support their stock after the IPO) what they WOULD have = reported IF they had been public at the time means a strong bias by the = company and their accountants to present the most favorable decisions = using the most liberal aspects of GAAP (Generally Accepted Accounting = Practices) in place at the time. As a new company actually reports quarterly results, you start getting = more valid year to year comparisons. Once 4 qtrs of reports are in = place, I am a little more comfortable with the numbers. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Eric Jaenike=20 To: canslim group=20 Sent: Thursday, April 11, 2002 9:26 AM Subject: [CANSLIM] ODSY Investigating ODSY (see New America 2/7). New high 7 wk consolidation. = Good RS, EPS. Growth organic and acquisitions. Medicare = reimbursement=3D93+% of revs. Still working on 2001 and 2002 EPS = figures, finding discrepancies with reported DGO figures. IPO Oct. 2001. = Group strength concerns. U/D 3.2, A/C B. Outperforming industry = recently. Sequential top and bottom line growth.=20 Any opinions/insights? Eric - -------------------------------------------------------------------------= - ------- Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax - ------=_NextPart_000_008C_01C1E14B.1EE3D8D0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2715.400" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Eric, the biggest reason I personally would have = to avoid=20 this one is that it has not been publicly traded for at least a year. I = have no=20 faith at all (even before Enron) with the presentation of "pro forma"=20 data.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>For a company to tell you (as they try to go = public and in=20 hopes you will buy and support their stock after the IPO) what they = WOULD have=20 reported IF they had been public at the time means a strong bias by the = company=20 and their accountants to present the most favorable decisions using the = most=20 liberal aspects of GAAP (Generally Accepted Accounting Practices) in = place at=20 the time.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>As a new company actually reports quarterly = results, you=20 start getting more valid year to year comparisons. Once 4 qtrs of = reports are in=20 place, I am a little more comfortable with the numbers.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV>Tom Worley<BR><A=20 href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:=20 TexWorley</DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dericjaenike@yahoo.com href=3D"mailto:ericjaenike@yahoo.com">Eric = Jaenike</A>=20 </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim group</A> </DIV> <DIV><B>Sent:</B> Thursday, April 11, 2002 9:26 AM</DIV> <DIV><B>Subject:</B> [CANSLIM] ODSY</DIV></DIV> <DIV><BR></DIV> <P>Investigating ODSY (see New America 2/7). New high 7 wk = consolidation. Good=20 RS, EPS. Growth organic and acquisitions. Medicare reimbursement=3D93+% = of revs.=20 Still working on 2001 and 2002 EPS figures, finding discrepancies with = reported=20 DGO figures. IPO Oct. 2001. Group strength concerns. U/D 3.2, A/C B.=20 Outperforming industry recently. Sequential top and bottom line growth. = </P> <P>Any opinions/insights?</P> <P>Eric</P> <P><BR> <HR SIZE=3D1> <B>Do You Yahoo!?</B><BR><A=20 href=3D"$rd_url/welcome/?http://taxes.yahoo.com/">Yahoo! Tax Center</A> = - - online=20 filing with TurboTax</BODY></HTML> - ------=_NextPart_000_008C_01C1E14B.1EE3D8D0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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