RE: [CANSLIM] Test Smart Money...try Quicken?

From: "Erik_Harris3745" <erik_harris3745@yahoo.com>
Subject: RE: [CANSLIM] Test Smart Money...try Quicken?
Date: Sun, 21 Apr 2002 23:56:45 -0400
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Hi,
Interesting, I was just trying S.Money's screening tool last night. I was a
little disappointed with their charging for such a basic tool. Maybe I'm
spoiled with much of the free info on the net.  You might want to try
Quicken's screener which is free.  It seems to me to be of equal quality.

I did a similar screen as yours with criteria as close as I could match with
this tool. See the results below.

Note: I haven't even reviewed the stocks. I just ran the screen to judge the
screening tool compared to Smart Money.  Looks like only 3 stocks in common
(CNTL, TOF, XNR). Probably due to the minor diff. in criteria.

1. 5yr EPS >25%
2. 1yr EPS >25%
3. LTD/EQUITY <.5
4. Market Cap <200mil
5. Inst. Ownership < 40%


Name--Symbol--Market Cap (MM)--PE Ratio -- Price/Book -- Price/Sales -- Div
Yield -- 3 yr Inc Growth --3 yr Rev Growth --  Price

ABIGAIL ADAMS NATL BANCP  	AANB 42.60 15 2.26 2.90 3.1 49.00 7.82 15.65
BIRMINGHAM UTILITIES INC 	BIW 29.23 5 2.23 6.35 3.4 9.42 1.22 17.90
CANTEL MEDICAL CORP.		CNTL 167.10 28 3.21 2.04 0.0 46.15 10.15 27.55
CANTERBURY PARK HLDG CP		TRAK 31.23 18 2.62 0.79 0.0 69.58 30.13 8.82
FALMOUTH BANCORP INC		FCB 22.89 16 1.35 2.94 1.9 11.19 4.66 25.00
HI-TECH PHARMACAL CO INC	HITK 51.84 17 2.10 1.64 0.0 18.24 10.25 11.45
INTERNACIONAL DE CERAMIC	ICM 97.90 4 1.11 0.33 0.0 12.02 9.87 8.45
INTERNAT ELECTRONICS		IEIB 7.30 19 2.21 0.66 0.0 -24.53 4.52 4.65
MONTEREY BAY BANCORP		MBBC 60.48 16 1.19 1.46 0.0 30.82 8.04 17.36
TOFUTTI BRANDS INC		TOF 17.78 18 3.77 1.09 0.0 22.99 20.75 2.90
WELLS FINANCIAL CORP		WEFC 24.69 7 1.02 1.19 3.5 8.31 6.63 20.76
XANSER CORPORATION		XNR  102.66 4 0.89 0.71 0.0 6.16 -34.57 3.11



- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Ira Post
Sent: Sunday, April 21, 2002 3:09 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Testing Smart Money Screening Tool


I'm always interested in new screening tools (or old ones I don't know
about).  Some questions/comments.

1) Can you do three year earnings instead of 5 with this screen?
2) While debt/equity is a good thing to evaluate, some companies with high
debt are good buys.  But high debt is a red light that should be looked at.
3) I'm not big on looking at market capitalization.  The reason low market
cap stocks often do better is because their may be more of those stocks that
are a good value and haven't gotten onto many peoples radar.  I prefer to
look at the company and its fundamentals regardless of market cap.


- ----- Original Message -----
From: "Warren Keuffel" <wkeuffel@xmission.com>
To: "CANSLIM list" <canslim@lists.xmission.com>
Sent: Sunday, April 21, 2002 2:08 PM
Subject: [CANSLIM] Testing Smart Money Screening Tool


> Hey, I signed up for a two week free trial of a financial site run by
> Smart Money. Looking through HTMMIS I created a screen with these
> CANSLIM parameters:
>
> A -- 5 Yr earnings growth % >= 25%
> C -- Quarterly earnings % (compared to same qtr previous year) >= 25%
> I -- Institutional ownership < 40%
> S -- Market Cap < $200M
> S -- Debt as % of total cap < 50%
>
> It gave me back 10 stocks
>
> EMBX
> CNTL
> VLGEA
> FRS
> XNR
> HITK
> PMFG
> HANS
> TRAK
> TOF
>
> I have not looked at the charts for these bad boys, or done any further
> DD, but I am curious what comments you might have about (a) screening in
> this manner; (b) the screening parameters (numbers) I used; and (c)
> which, if any, parameters would you drop, add or change.
>
> Obviously these parameters are very tight but I did that deliberately so
> as to create a hit list of manageable size for this message. For a
> real-world exercise I would loosen the parameters somewhat and conduct
> more DD.
>
> Warren
>
>
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