Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: offlist--Re: [CANSLIM] Q: Accelerating growth
Date: Thu, 2 May 2002 14:34:01 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_0032_01C1F1E6.66F83840 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable I might be all wrong here, but I think what you've calculated is = velocity rather than acceleration. Acceleration =3D rate of change Velocity =3D rate of change of the rate of change + direction Katherine ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Thursday, May 02, 2002 2:24 PM Subject: [CANSLIM] Q: Accelerating growth I've often seen WON and IBD refer to the need for "accelerating = growth". Strictly speaking, that means that the *rate of change* of growth = should be positive. In yesterday's Investor's Corner they said of PHA, "At the time, = earnings growth was accelerating (8% to 35% to 57%)". So the change in growth = was from 8% to 35% (27%) to 35% to 57% (22%). So the *rate of change* of = growth was 22 - 27 -> -5. That is, growth was decelerating not accelerating Now as a physics major, I may be too picky, but I believe that = language should be used correctly or it loses its value. It seems to me that = what they mean is "earnings growth was increasing". In that case the WON rule that says that "sales growth should be accelerating" needs to be restated to "sales growth should be = increasing". Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel Sent: Thursday, May 02, 2002 7:55 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] IBD's Industry Group and Ticker Symbol Index If you intend to pursue a group-oriented strategy, and you intend to = use IBD's 197 industry group tables, the book is indispensible because = it's not always obvious which companies are assigned to which industry groups. I'm using Vector Vest now, which has its own industry = groupings, so I no longer buy the IBD books. HTH. Warren rolf hertenstein wrote: >Hello all - > >Could anyone who has used this guide in the past >tell me if they >indeed found it useful? I'll likely wait for the >next issue due in June >in any case. > >Thanks! > > Rolf > > >- >-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. - -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_0032_01C1F1E6.66F83840 Content-Type: text/html; charset="Windows-1252" 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=3Dwindows-1252"> <META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>I might be all wrong here, but I think what you've calculated is = velocity=20 rather than acceleration.</DIV> <DIV> </DIV> <DIV>Acceleration =3D rate of change</DIV> <DIV>Velocity =3D rate of change of the rate of change + direction</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=3Dmike@proactech.com href=3D"mailto:mike@proactech.com">Mike = Gibbons</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, May 02, 2002 = 2:24=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Q: = Accelerating=20 growth</DIV> <DIV><BR></DIV>I've often seen WON and IBD refer to the need for = "accelerating=20 growth".<BR>Strictly speaking, that means that the *rate of change* of = growth=20 should be<BR>positive.<BR><BR>In yesterday's Investor's Corner they = said of=20 PHA, "At the time, earnings<BR>growth was accelerating (8% to 35% to = 57%)". So=20 the change in growth was<BR>from 8% to 35% (27%) to 35% to 57% (22%). = So the=20 *rate of change* of growth<BR>was 22 - 27 -> -5. That is, growth = was=20 decelerating not accelerating<BR><BR>Now as a physics major, I may be = too=20 picky, but I believe that language<BR>should be used correctly or it = loses its=20 value. It seems to me that what<BR>they mean is "earnings growth was=20 increasing".<BR><BR>In that case the WON rule that says that "sales = growth=20 should be<BR>accelerating" needs to be restated to "sales growth = should be=20 increasing".<BR><BR>Aloha,<BR><BR>Mike Gibbons<BR>Proactive = Technologies,=20 LLC<BR><A=20 = href=3D"http://www.proactech.com">http://www.proactech.com</A><BR><BR><BR= >-----Original=20 Message-----<BR>From: <A=20 = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com</A><BR>[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Warren Keuffel<BR>Sent: Thursday, May 02, 2002 7:55 = AM<BR>To: <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>Subject:=20 Re: [CANSLIM] IBD's Industry Group and Ticker Symbol = Index<BR><BR><BR>If you=20 intend to pursue a group-oriented strategy, and you intend to = use<BR>IBD's 197=20 industry group tables, the book is indispensible because it's<BR>not = always=20 obvious which companies are assigned to which industry<BR>groups. I'm = using=20 Vector Vest now, which has its own industry groupings,<BR>so I no = longer buy=20 the IBD books.<BR><BR>HTH.<BR>Warren<BR><BR>rolf hertenstein=20 wrote:<BR><BR>>Hello all -<BR>><BR>>Could anyone who has used = this=20 guide in the past<BR>>tell me if they<BR>>indeed found it = useful? =20 I'll likely wait for the<BR>>next issue due in June<BR>>in any=20 case.<BR>><BR>>Thanks!<BR>><BR>>=20 Rolf<BR>><BR>><BR>>-<BR>>-To 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=20 email.<BR>><BR>><BR>><BR><BR><BR><BR>-<BR>-To = subscribe/unsubscribe,=20 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.<BR><BR><BR>-<BR>-To = subscribe/unsubscribe, email=20 "<A = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= =20 the email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". =20 Do not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0032_01C1F1E6.66F83840-- - - - -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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