[CANSLIM] Institutional Ownership


From: "Matt & Alicia Leverette" <malever@bellsouth.net>
Subject: [CANSLIM] Institutional Ownership
Date: Fri, 19 Apr 2002 20:35:06 -0500

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Hi,

I have been considering ANSS.  It is rated a 98 on IBD Stock Checkup and =
it's chart looks pretty good to me.  Also, I have noticed other stocks =
within it's group have been doing well of late.

My question has to do with Institutional Ownership.  ANSS is at 81% (89% =
of Float).  I know this is high, but how important of a factor is this.

I would love some thoughts.

Matt

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<DIV><FONT face=3DArial size=3D2>Hi,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I have been considering ANSS.&nbsp; It =
is rated a=20
98 on IBD Stock Checkup and it's chart looks pretty good to me.&nbsp; =
Also, I=20
have noticed other stocks within it's group have been doing well of=20
late.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>My question has to do with =
Institutional=20
Ownership.&nbsp; ANSS is at 81% (89% of Float).&nbsp; I know this is =
high, but=20
how important of a factor is this.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>I would love some =
thoughts.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Matt</FONT></DIV></BODY></HTML>

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