Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Tom or Ian
Date: Thu, 18 Apr 2002 17:20:31 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_003E_01C1E6FD.57C30EC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Bill and others, Here's a suggestion so that you can both practice and contribute to the = list. Take a look at the IBD's list of most actives, "where the big = money's flowing", the weekend list, etc., and then randomly select a = stock or 2. Run them through a CANSLIM analysis and then post your = results for feedback. I find that most stocks I mine end up in the = stinky fish bin, so the conclusion in your analysis may very well be = thumbs-down and that should also be okay to post. You and others on the = list get to practice with a current stock and absolutely nobody will = then feel obligated to post their own mined list of candidates in order = to generate learning opportunities. Katherine ----- Original Message -----=20 From: William King=20 To: canslim@lists.xmission.com=20 Sent: Thursday, April 18, 2002 2:26 PM Subject: Re: [CANSLIM] Tom or Ian Re list posting........ As newbie and noncontributor to date, I can see the rationale of the = older and more astute members of the list to not share the results of their = hard work so that others can benefit. However, IMHO, there would be some benefit to the overall list if the = new members became better stock investors (and subsequently contributors) = based on analyzing the posted stocks. Personally, I have learned a lot = already by researching the stocks that are discussed to see if I would buy = them based on my understanding of the CANSLIM approach. Bill King ----- Original Message ----- From: <Spencer48@aol.com> To: <canslim@lists.xmission.com> Sent: Thursday, April 18, 2002 11:32 AM Subject: Re: [CANSLIM] Tom or Ian > Ian: > > I would add that earlier in the week, IBD ran a column (in = either the > Big Picture or Investors Corner) saying that small and mid caps were easily > outpacing big caps. > > As for your third paragraph (One of the reasons I rarely post = picks here > is that the issues I find with the most favourable risk/reward = outlook > (IMO), have been under $15 (and many sub $10) stocks for quite some = time. I > know that the majority of list > readers are resolute in sticking to higher price stocks, so I try = not to > bring them up often...), I (for one) would value your picks as = threshing the > stock-wheat from the stock-chaff. You've been in this group for = some time, > and (in my opinion) you analytical astuteness (particularly with = small caps) > is superlative. > > However, if you don't post the stocks you're interestd in, I = can't say I > blame you. I agree with Katherine (although it may sound selfish, = it makes > sense to me) that it's unfair that one should do all the work only = for others > to reap the benefits. > > > > jans > > In a message dated 4/18/2002 12:19:42 AM Eastern Daylight Time, > ianstm@shaw.ca writes: > > << Dimitri: > > I prefer to buy stocks in the $12-$15 range, but that is not what = the market > is offering right now. IMHO, the original 'S' in CANSLIM overrides = price > nits. In fact, the biggest hurdle I see to a long sustained move up = in tech > stocks is that they split way too many times in the 1998-2000 = mania, leaving > most of them horrendously over-priced on a P/S or P/E basis above = $15. (I > have long felt that the tech bear will finally be over when many of > yesteryears winners start doing reverse splits - LU's recent = announcement > was encouraging). > > Remember that when WON did his original research, the median number = of > shares outstanding was 4,000,000! I would absolutely love to have a = large > selection of $15+ stocks with solid growth, and less than = 10,000,000 shares > outstanding. I just cannot find that many - although there are = some: MTEC > comes to mind - it is the poster child for CANSLIM IMHO, with less = than > 5,000,000 shares out. > > One of the reasons I rarely post picks here is that the issues I = find with > the most favourable risk/reward outlook (IMO), have been under $15 = (and many > sub $10) stocks for quite some time. I know that the majority of = list > readers are resolute in sticking to higher price stocks, so I try = not to > bring them up often (someone explicitly asked me about MRGE today - = so I > posted my position). > > I do not like being pedantic - I like to make money. I use all the letters > in CANSLIM, giving 'S" far more weight than most people, but I = don't worry > too much about the 'extra' WON criteria like price and volume. > > Ian >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_003E_01C1E6FD.57C30EC0 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 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Bill and others,</DIV> <DIV> </DIV> <DIV>Here's a suggestion so that you can both practice and contribute to = the=20 list. Take a look at the IBD's list of most actives, "where the big = money's=20 flowing", the weekend list, etc., and then randomly select a stock or 2. = Run=20 them through a CANSLIM analysis and then post your results for = feedback. I find that most stocks I mine end up in the stinky fish bin, = so the=20 conclusion in your analysis may very well be thumbs-down and that should = also be=20 okay to post. You and others on the list get to practice with a current = stock=20 and absolutely nobody will then feel obligated to post their own mined = list of=20 candidates in order to generate learning opportunities.</DIV> <DIV> </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=3Dwk11@adelphia.net href=3D"mailto:wk11@adelphia.net">William = King</A>=20 </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> Thursday, April 18, 2002 = 2:26=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Tom or = Ian</DIV> <DIV><BR></DIV>Re list posting........<BR><BR>As newbie and = noncontributor to=20 date, I can see the rationale of the older<BR>and more astute members = of the=20 list to not share the results of their hard<BR>work so that others can = benefit.<BR><BR>However, IMHO, there would be some benefit to the = overall list=20 if the new<BR>members became better stock investors (and subsequently=20 contributors) based<BR>on analyzing the posted stocks. Personally, I = have=20 learned a lot already<BR>by researching the stocks that = are=20 discussed to see if I would buy them<BR>based on my understanding = of the=20 CANSLIM approach.<BR><BR>Bill King<BR>----- Original Message = - -----<BR>From:=20 <<A = href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A>><BR>To: = <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= ><BR>Sent:=20 Thursday, April 18, 2002 11:32 AM<BR>Subject: Re: [CANSLIM] Tom or=20 Ian<BR><BR><BR>> Ian:<BR>><BR>> = I would=20 add that earlier in the week, IBD ran a column (in either the<BR>> = Big=20 Picture or Investors Corner) saying that small and mid caps=20 were<BR>easily<BR>> outpacing big=20 caps.<BR>><BR>> As for your third=20 paragraph (One of the reasons I rarely post picks<BR>here<BR>> is = that the=20 issues I find with the most favourable risk/reward = outlook<BR>>=20 (IMO), have been under $15 (and many sub $10) stocks for quite = some=20 time.<BR>I<BR>> know that the majority of list<BR>> = readers are=20 resolute in sticking to higher price stocks, so I try not = to<BR>> =20 bring them up often...), I (for one) would value your picks as=20 threshing<BR>the<BR>> stock-wheat from the stock-chaff. = You've been=20 in this group for some<BR>time,<BR>> and (in my opinion) you = analytical=20 astuteness (particularly with small<BR>caps)<BR>> is=20 superlative.<BR>><BR>> However, if = you=20 don't post the stocks you're interestd in, I can't<BR>say I<BR>> = blame=20 you. I agree with Katherine (although it may sound selfish,=20 it<BR>makes<BR>> sense to me) that it's unfair that one should do = all the=20 work only for<BR>others<BR>> to reap the=20 benefits.<BR>><BR>><BR>><BR>> jans<BR>><BR>> In a = message=20 dated 4/18/2002 12:19:42 AM Eastern Daylight Time,<BR>> <A=20 href=3D"mailto:ianstm@shaw.ca">ianstm@shaw.ca</A> = writes:<BR>><BR>>=20 << Dimitri:<BR>><BR>> I prefer to buy stocks in the = $12-$15=20 range, but that is not what the<BR>market<BR>> is offering = right now.=20 IMHO, the original 'S' in CANSLIM overrides price<BR>> nits. = In fact,=20 the biggest hurdle I see to a long sustained move up = in<BR>tech<BR>> =20 stocks is that they split way too many times in the 1998-2000=20 mania,<BR>leaving<BR>> most of them horrendously over-priced = on a P/S=20 or P/E basis above $15. (I<BR>> have long felt that the tech = bear=20 will finally be over when many of<BR>> yesteryears winners = start=20 doing reverse splits - LU's recent announcement<BR>> was=20 encouraging).<BR>><BR>> Remember that when WON did his = original=20 research, the median number of<BR>> shares outstanding was = 4,000,000!=20 I would absolutely love to have a large<BR>> selection of = $15+ stocks=20 with solid growth, and less than 10,000,000<BR>shares<BR>> =20 outstanding. I just cannot find that many - although there are some:=20 MTEC<BR>> comes to mind - it is the poster child for CANSLIM = IMHO,=20 with less than<BR>> 5,000,000 shares = out.<BR>><BR>> One=20 of the reasons I rarely post picks here is that the issues I=20 find<BR>with<BR>> the most favourable risk/reward outlook = (IMO), have=20 been under $15 (and<BR>many<BR>> sub $10) stocks for quite = some time.=20 I know that the majority of list<BR>> readers are resolute in = sticking to higher price stocks, so I try not to<BR>> bring = them up=20 often (someone explicitly asked me about MRGE today - so = I<BR>> =20 posted my position).<BR>><BR>> I do not like being = pedantic - I=20 like to make money. I use all the<BR>letters<BR>> in CANSLIM, = giving=20 'S" far more weight than most people, but I = don't<BR>worry<BR>> too=20 much about the 'extra' WON criteria like price and=20 volume.<BR>><BR>> Ian >><BR>><BR>> -<BR>> = - -To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>= ; -In=20 the email body, write "subscribe canslim" or<BR>> -"unsubscribe=20 canslim". Do not use quotes in your email.<BR><BR><BR>-<BR>-To=20 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". Do=20 not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_003E_01C1E6FD.57C30EC0-- - - - -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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