Go to Jeff Salisbury LWGate Home Page.From: "Mike Gibbons" <mike@proactech.com>
Subject: RE: [CANSLIM] CANSLIM Evaluator Updates
Date: Tue, 7 May 2002 18:20:22 -1000
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Dan,
I don't know why you got hat unless you accessed the wrong page on the si=
te
by accident. The right place to start is http://www.cwhcharts.com/canslim.
Please let me know if you have further difficulties.
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 DanC
Sent: Tuesday, May 07, 2002 4:51 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] CANSLIM Evaluator Updates
Mike,
My attempt to access your website, yesterday and today, gives me this
error message:
Not Found
The requested URL /canslim/pphlogger.js was not found on this server.
Additionally, a 404 Not Found error was encountered while trying to use=
an
ErrorDocument to handle the
request.
Apache/1.3.17 Server at www.cwhcharts.com Port 80
Do you have any thoughts as to why? Noone else has mentioned a
difficulty.
Dan
Mike Gibbons wrote:
I've added a couple of RS indicators to the evaluator
(http://www.cwhcharts.com/canslim)
These show the RS trend against the 50 dma and 10 dma. Thanks to Tom,
Katherine, Bill, Patrick and Chas for the suggestions.
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 Harvey Brion
Sent: Monday, May 06, 2002 4:19 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Cash Flow
The DGO datablock shows Cash Flow and defines it as follows:
"Cash Flow Per Share From Operations
Derived by adding depreciation, depletion and amortization to the
company's net income and dividing this figure by the shares outstandi=
ng.
Brackets [ ] will surround the Cash Flow figure if the net income bei=
ng
used to derive the data is not from the most recently completed fisca=
l
year and will indicate the year the figure corresponds to."
It's important to heed the brackets when comparing Cash Flow to EPS
early in the FY before the new cash flow figure is known. This is th=
e
IBD criterion I referred to in yesterday's post (cash flow (per share=
)
exceeding EPS by 20%). For DFXI: Cash Flow ['00: $1.27] compares to
FY2000 EPS of $1.16, exceeding EPS by only 9%. When the new cash flo=
w
figure is published by DGO, it should be compared to FY2001 EPS of
$1.85.
Winston Little wrote:
>
>
Gene R: Here is the real answer on Cash Flow:
Ask Bill O'Neil Archives
Thursday, January 03, 2002
[Image]"Could you define cash flow in simple terms so
that I can understand it?"
- Submitted from Saginaw, Texas
[Image] When a company gets paid by a customer, cash
goes into its coffers. When the company spends cash to
renovate an old plant, cash is going out. The sum of all
these cash-based transactions is the cash flow.
Investors should pay close attention to cash flow
because it shows whether or not the company has enough
cash on hand to run its business smoothly. A high cash
flow also indicates the company has the financial
resources to make new investments =97 be it in new staff
or executives, more stores, or even buying back its own
shares =97 in order to further grow earnings. You can
study a company's cash flow by looking at its 10-Q or
10-K filings with the SEC. After the income statement
usually comes the statement of cash flows. This is
divided into three parts: cash flow from operations,
cash flow used in investing activities, and cash flow
provided by or used in financing activities. In general,
you'd like to see operating cash positive, meaning the
company is getting more cash than it's giving out. If
investing cash flow is negative, that's usually a good
sign because the company is likely investing in the
future growth of the company. The same goes for
financial cash flow. However, it is important to look at
the individual items to understand what's going on. For
instance, financial cash flow might be positive because
the company sold a lot of corporate bonds. If it already
has long-term debt, that could be a bad sign. When
looking for good stocks, figure out the stock's annual
cash flow from operations per share and compare it to
its earnings per share for the same period. When cash
flow per share is higher than the EPS, it's usually a
good sign. It is, however, just one of many components
of a fundamentally strong stock. Sales and earnings
growth, for example, are other important elements.
>
-
-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 ema=
il
body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quo=
tes
in your email.
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charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
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<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></HEAD>
<BODY>
<DIV><SPAN class=3D680511804-08052002><FONT face=3DArial color=3D#0000ff =
size=3D2>Dan,</FONT></SPAN></DIV>
<DIV><SPAN class=3D680511804-08052002><FONT face=3DArial color=3D#0000ff =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D680511804-08052002><FONT face=3DArial color=3D#0000ff =
size=3D2>I=20
don't know why you got hat unless you accessed the wrong page on the =
site by=20
accident. The right place to start is <A=20
href=3D"http://www.cwhcharts.com/canslim">http://www.cwhcharts.com/cansli=
m</A>.=20
Please let me know if you have further difficulties.</FONT></SPAN></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>Aloha,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Mike Gibbons<BR>Proactive Technologies, =
LLC</FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></D=
IV>
<BLOCKQUOTE>
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20
</B>DanC<BR><B>Sent:</B> Tuesday, May 07, 2002 4:51 PM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] CANSLIM =
Evaluator=20
Updates<BR><BR></FONT></DIV>Mike,=20
<P>My attempt to access your website, yesterday and today, gives me =
this error=20
message:=20
<P>Not Found=20
<P>The requested URL /canslim/pphlogger.js was not found on this =
server.=20
<P><B>Additionally, a 404 Not Found error was encountered while trying =
to use=20
an ErrorDocument to handle the</B> <BR><B>request.</B><B></B>=20
<P><B>Apache/1.3.17 Server at www.cwhcharts.com Port 80</B>=20
<P>Do you have any thoughts as to why? Noone else has mentioned =
a=20
difficulty.=20
<P>Dan <BR> <BR> =20
<P>Mike Gibbons wrote:=20
<BLOCKQUOTE TYPE=3D"CITE">I've added a couple of RS indicators to the=20
evaluator <BR>(<A=20
=
href=3D"http://www.cwhcharts.com/canslim">http://www.cwhcharts.com/cansli=
m</A>)=20
<P>These show the RS trend against the 50 dma and 10 dma. Thanks to =
Tom,=20
<BR>Katherine, Bill, Patrick and Chas for the suggestions.=20
<P>Aloha,=20
<P>Mike Gibbons <BR>Proactive Technologies, LLC <BR><A=20
href=3D"http://www.proactech.com">http://www.proactech.com</A>=20
<P>-----Original Message----- <BR>From: =
owner-canslim@lists.xmission.com=20
<BR>[<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">mailto:owner-canslim@lis=
ts.xmission.com</A>]On=20
Behalf Of Harvey Brion <BR>Sent: Monday, May 06, 2002 4:19 PM =
<BR>To:=20
canslim@lists.xmission.com <BR>Subject: Re: [CANSLIM] Cash Flow=20
<P>The DGO datablock shows Cash Flow and defines it as follows:=20
<P>"Cash Flow Per Share From Operations=20
<P>Derived by adding depreciation, depletion and amortization to the =
<BR>company's net income and dividing this figure by the shares =
outstanding.=20
<BR>Brackets [ ] will surround the Cash Flow figure if the net =
income being=20
<BR>used to derive the data is not from the most recently completed =
fiscal=20
<BR>year and will indicate the year the figure corresponds to."=20
<P>It's important to heed the brackets when comparing Cash Flow to =
EPS=20
<BR>early in the FY before the new cash flow figure is known. =
This is=20
the <BR>IBD criterion I referred to in yesterday's post (cash flow =
(per=20
share) <BR>exceeding EPS by 20%). For DFXI: Cash Flow =
['00:=20
$1.27] compares to <BR>FY2000 EPS of $1.16, exceeding EPS by only =
9%. =20
When the new cash flow <BR>figure is published by DGO, it should be =
compared=20
to FY2001 EPS of <BR>$1.85.=20
<P>Winston Little wrote:=20
<P>> <BR>> <BR> Gene R: Here is the real answer on =
Cash=20
Flow:=20
<P> Ask Bill O'Neil Archives=20
<P> Thursday, January 03, 2002 <BR> [Image]"Could you =
define=20
cash flow in simple terms so=20
<BR> that I can =
understand=20
it?"=20
=
<BR> &nb=
sp; &nbs=
p; =20
- Submitted from Saginaw, Texas=20
<P> [Image] When a company gets paid by a =
customer, cash=20
<BR> goes into its coffers. When the company spends cash to =
<BR> =20
renovate an old plant, cash is going out. The sum of all <BR> =
these=20
cash-based transactions is the cash flow. <BR> Investors =
should pay=20
close attention to cash flow <BR> because it shows whether or =
not the=20
company has enough <BR> cash on hand to run its business =
smoothly. A=20
high cash <BR> flow also indicates the company has the =
financial=20
<BR> resources to make new investments =97 be it in new staff =
<BR> =20
or executives, more stores, or even buying back its own <BR> =
shares =97=20
in order to further grow earnings. You can <BR> study a =
company's cash=20
flow by looking at its 10-Q or <BR> 10-K filings with the SEC. =
After=20
the income statement <BR> usually comes the statement of cash =
flows.=20
This is <BR> divided into three parts: cash flow from =
operations,=20
<BR> cash flow used in investing activities, and cash flow =
<BR> =20
provided by or used in financing activities. In general, <BR> =
you'd=20
like to see operating cash positive, meaning the <BR> company =
is=20
getting more cash than it's giving out. If <BR> investing cash =
flow is=20
negative, that's usually a good <BR> sign because the company =
is=20
likely investing in the <BR> future growth of the company. The =
same=20
goes for <BR> financial cash flow. However, it is important to =
look at=20
<BR> the individual items to understand what's going on. For=20
<BR> instance, financial cash flow might be positive because=20
<BR> the company sold a lot of corporate bonds. If it already=20
<BR> has long-term debt, that could be a bad sign. When =
<BR> =20
looking for good stocks, figure out the stock's annual <BR> =
cash flow=20
from operations per share and compare it to <BR> its earnings =
per=20
share for the same period. When cash <BR> flow per share is =
higher=20
than the EPS, it's usually a <BR> good sign. It is, however, =
just one=20
of many components <BR> of a fundamentally strong stock. Sales =
and=20
earnings <BR> growth, for example, are other important =
elements.=20
<BR>>=20
<P>- <BR>-To subscribe/unsubscribe, email "majordomo@xmission.com" =
<BR>-In=20
the email body, write "subscribe canslim" or <BR>-"unsubscribe=20
canslim". Do not use quotes in your email.=20
<P>- <BR>-To subscribe/unsubscribe, email "majordomo@xmission.com" =
<BR>-In=20
the email body, write "subscribe canslim" or <BR>-"unsubscribe=20
canslim". Do not use quotes in your email.</P></BLOCKQUOTE>- =
- -To=20
subscribe/unsubscribe, email "majordomo@xmission.com" -In the email =
body,=20
write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes =
in your=20
email.</BLOCKQUOTE></BODY></HTML>
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- -
- -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 Subject): [CANSLIM] Cup and Handles "David Taggart"
Previous Article (by Subject): Re: [CANSLIM] CANSLIM Evaluator Updates DanC
Top of Thread: RE: [CANSLIM] CANSLIM Evaluator Updates "Duke Miller"
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