Go to Jeff Salisbury LWGate Home Page.From: Richard Yoder <ryoder@snowcrest.net>
Subject: Re: offlist--Re: [CANSLIM] Q: Accelerating growth
Date: Thu, 02 May 2002 19:53:21 -0700
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Mike:
Think of the sales volume as velocity. It is the velocity of intake of
money. Sales growth then becomes acceleration. You can differentiate
this as many times as you wish to to get rate of acceleration, etc., but
pretty soon even physics fails to explain what's happening in the
market.
Dick
Mike Gibbons wrote:
> I think you meantvelocity = rate of change of distance +
> directionacceleration = rate of change of velocitySo, the underlying
> quantity being measured is sales (equivalent to distance)growth in
> sales per quarter is equivalent to velocityrate of change of growth
> per quarter is acceleration of growth. Aloha, Mike Gibbons
> Proactive Technologies, LLChttp://www.proactech.com
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of
> Katherine Malm
> Sent: Thursday, May 02, 2002 9:34 AM
> To: canslim@lists.xmission.com
> Subject: offlist--Re: [CANSLIM] Q: Accelerating growth
>
> I might be all wrong here, but I think what you've
> calculated is velocity rather than
> acceleration. Acceleration = rate of changeVelocity = rate
> of change of the rate of change + direction Katherine
>
> ----- Original Message -----
> From: Mike Gibbons
> To: canslim@lists.xmission.com
> 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.
>
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Mike:
<p>Think of the sales volume as velocity. It is the velocity of intake
of money. Sales growth then becomes acceleration. You can differentiate
this as many times as you wish to to get rate of acceleration, etc., but
pretty soon even physics fails to explain what's happening in the market.
<p>Dick
<br>Mike Gibbons wrote:
<blockquote TYPE=CITE><style></style>
<span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>I
think you meant</font></font></font></span><span class=260144219-02052002></span><span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>velocity
= rate of change of distance + direction</font></font></font></span><span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>acceleration
= rate of change of velocity</font></font></font></span><span class=260144219-02052002></span><span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>So,
the underlying quantity being measured is sales (equivalent to distance)</font></font></font></span><span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>growth
in sales per quarter is equivalent to velocity</font></font></font></span><span class=260144219-02052002><font face="Arial"><font color="#0000FF"><font size=-1>rate
of change of growth per quarter is acceleration of growth.</font></font></font></span> <font face="Arial"><font size=-1>Aloha,</font></font> <font face="Arial"><font size=-1>Mike
Gibbons</font></font>
<br><font face="Arial"><font size=-1>Proactive Technologies, LLC</font></font><font face="Arial"><font size=-1><a href="http://www.proactech.com/">http://www.proactech.com</a></font></font>
<blockquote dir=ltr style="MARGIN-RIGHT: 0px">
<div class="OutlookMessageHeader" dir="ltr"><font face="Tahoma"><font size=-1>-----Original
Message-----</font></font>
<br><font face="Tahoma"><font size=-1><b>From:</b> owner-canslim@lists.xmission.com
[<A HREF="mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lists.xmission.com</A>]<b>On Behalf Of </b>Katherine
Malm</font></font>
<br><font face="Tahoma"><font size=-1><b>Sent:</b> Thursday, May 02, 2002
9:34 AM</font></font>
<br><font face="Tahoma"><font size=-1><b>To:</b> canslim@lists.xmission.com</font></font>
<br><font face="Tahoma"><font size=-1><b>Subject:</b> offlist--Re: [CANSLIM]
Q: Accelerating growth</font></font>
<br> </div>
I might be all wrong here, but I think what you've calculated is velocity
rather than acceleration. Acceleration = rate of changeVelocity =
rate of change of the rate of change + direction Katherine
<blockquote
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<div style="FONT: 10pt arial">----- Original Message -----</div>
<div
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><b>From:</b>
<a href="mailto:mike@proactech.com" title="mike@proactech.com">Mike Gibbons</a></div>
<div style="FONT: 10pt arial"><b>To:</b> <a href="mailto:canslim@lists.xmission.com" title="canslim@lists.xmission.com">canslim@lists.xmission.com</a></div>
<div style="FONT: 10pt arial"><b>Sent:</b> Thursday, May 02, 2002 2:24
PM</div>
<div style="FONT: 10pt arial"><b>Subject:</b> [CANSLIM] Q: Accelerating
growth</div>
I've often seen WON and IBD refer to the need for "accelerating growth".
<br>Strictly speaking, that means that the *rate of change* of growth should
be
<br>positive.
<p>In yesterday's Investor's Corner they said of PHA, "At the time, earnings
<br>growth was accelerating (8% to 35% to 57%)". So the change in growth
was
<br>from 8% to 35% (27%) to 35% to 57% (22%). So the *rate of change* of
growth
<br>was 22 - 27 -> -5. That is, growth was decelerating not accelerating
<p>Now as a physics major, I may be too picky, but I believe that language
<br>should be used correctly or it loses its value. It seems to me that
what
<br>they mean is "earnings growth was increasing".
<p>In that case the WON rule that says that "sales growth should be
<br>accelerating" needs to be restated to "sales growth should be increasing".
<p>Aloha,
<p>Mike Gibbons
<br>Proactive Technologies, LLC
<br><a href="http://www.proactech.com">http://www.proactech.com</a>
<br>
<p>-----Original Message-----
<br>From: <a href="mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmission.com</a>
<br>[<A HREF="mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lists.xmission.com</A>]On Behalf Of Warren Keuffel
<br>Sent: Thursday, May 02, 2002 7:55 AM
<br>To: <a href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</a>
<br>Subject: Re: [CANSLIM] IBD's Industry Group and Ticker Symbol Index
<br>
<p>If you intend to pursue a group-oriented strategy, and you intend to
use
<br>IBD's 197 industry group tables, the book is indispensible because
it's
<br>not always obvious which companies are assigned to which industry
<br>groups. I'm using Vector Vest now, which has its own industry groupings,
<br>so I no longer buy the IBD books.
<p>HTH.
<br>Warren
<p>rolf hertenstein wrote:
<p>>Hello all -
<br>>
<br>>Could anyone who has used this guide in the past
<br>>tell me if they
<br>>indeed found it useful? I'll likely wait for the
<br>>next issue due in June
<br>>in any case.
<br>>
<br>>Thanks!
<br>>
<br>> Rolf
<br>>
<br>>
<br>>-
<br>>-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>"
<br>>-In the email body, write "subscribe canslim" or
<br>>-"unsubscribe canslim". Do not use quotes in your email.
<br>>
<br>>
<br>>
<br>
<br>
<p>-
<br>-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>"
<br>-In the email body, write "subscribe canslim" or
<br>-"unsubscribe canslim". Do not use quotes in your email.
<br>
<p>-
<br>-To subscribe/unsubscribe, email "<a href="mailto:majordomo@xmission.com">majordomo@xmission.com</a>"
<br>-In the email body, write "subscribe canslim" or
<br>-"unsubscribe canslim". Do not use quotes in your email.</blockquote>
</blockquote>
</blockquote>
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