Re: [CANSLIM] Institutional Ownership


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Institutional Ownership
Date: Sun, 21 Apr 2002 23:42:00 -0400

Next Article (by Author): Re: [CANSLIM] Testing Smart Money Screening Tool Warren Keuffel
Previous Article (by Author): Re: [CANSLIM] Testing Smart Money Screening Tool "Patrick Wahl"
Articles sorted by: [Date] [Author] [Subject]


This is a multi-part message in MIME format.

- ------=_NextPart_000_0CFE_01C1E98E.21F5F6C0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

Matt, DGO shows this as having only 7% ownership by management (a =
negative) and 30% by mutual funds (also a negative, too high). ADV is =
over 155K, so there is liquidity, and would make me doubt the =
institutional ownership you got.

I do note a earnings forecast for this year of only 3%, and 12% next =
year. That would knock it off any consideration for me.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
- ----- Original Message -----=20
From: Matt & Alicia Leverette=20
To: canslim@lists.xmission.com=20
Sent: Friday, April 19, 2002 9:35 PM
Subject: [CANSLIM] Institutional Ownership


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

- ------=_NextPart_000_0CFE_01C1E98E.21F5F6C0
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>Matt, DGO shows this as having only 7% ownership =
by=20
management (a negative) and 30% by mutual funds (also a negative, too =
high). ADV=20
is over 155K, so there is liquidity, and would make me doubt the =
institutional=20
ownership you got.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>I do note a earnings forecast for this year of =
only 3%,=20
and 12% next year. That would knock it off any consideration for=20
me.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</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=3Dmalever@bellsouth.net href=3D"mailto:malever@bellsouth.net">Matt =
&amp;=20
Alicia Leverette</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Friday, April 19, 2002 9:35 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] Institutional Ownership</DIV></DIV>
<DIV><BR></DIV>
<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>

- ------=_NextPart_000_0CFE_01C1E98E.21F5F6C0--



- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Next Article (by Author): Re: [CANSLIM] Testing Smart Money Screening Tool Warren Keuffel
Previous Article (by Author): Re: [CANSLIM] Testing Smart Money Screening Tool "Patrick Wahl"
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.