Re: [CANSLIM] Re: Retstatement of CANSLIM?


From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?
Date: Wed, 26 Jun 2002 16:36:26 -0500

Previous Article (by Date): Re: [CANSLIM] Re: Retstatement of CANSLIM? "Winston Little"
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Winston, what's your inside 'poop' on HWP/CPQ those in the 'know' say it =
was a life support move for both firms.

=20
  ----- Original Message -----=20
  From: Winston Little=20
  To: canslim@lists.xmission.com=20
  Sent: Wednesday, June 26, 2002 4:23 PM
  Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?


  Fanus:

  The points you make are very true.

  I also believe that a big part of t he blame for WCOM, ENE, GX, KM and =
other
  similar are the fault of shareholders.

  Not many people vote to appoint Board of Directors (BOD) or attend and
  PARTICIPATE in annual meetings.

  There are just a few hundred CEO (conceited, exclusive, overpaid )  =
whose
  names recurrently appear on the BOD as you go from company to company. =
These
  members slap each other on the back, are more interested in each =
others golf
  handicap than corporate matters, and vote for excessive pay and greed, =
so
  that they too will receive excessive rewards.

  Look at what happened to Walter Hewlett when he challenged those =
clowns. Did
  the share holders come to his defense? No, they went with the =
slimeballs.

  When shareholders vote for independent and outside BOD, they have a =
right to
  expect vigilance and honesty. When we do not and allow the BOD to be
  populated by hacks in a circle, we can only expect to be jerked.


  ----- Original Message -----
  From: "Fanus" <fanus13@yahoo.com>
  To: <canslim@lists.xmission.com>
  Sent: Wednesday, June 26, 2002 4:54 PM
  Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?


  > So, you are saying throw away the fundamentals and
  > trade only on the technicals?
  >
  > There are probably close to 10000 public traded
  > companies and just because a handful of companies
  > committed fraud and use creative accounting, does that
  > mean the other 99% are also just as bad?   This is
  > like saying because a small fraction of the population
  > is in prison, this mean all people are criminals.
  >
  > - Fanus
  >
  > --- Spencer48@aol.com wrote:
  > > Group:
  > >
  > >      I'm surprised noone has mentioned this yet:
  > > But CANSLIM (in particular
  > > the 1st 2 letters) is based on fundamentally
  > > analyzing and accepting that
  > > quarterly and annual earnings will be approximately
  > > 25%.
  > >
  > >      However, with the accounting scandals going on,
  > > and big companies like
  > > Enron, WorldCom etc., being involved, will CANSLIM
  > > erode in NSLIM?
  > >
  > > jans
  > >
  > > -
  > > -To subscribe/unsubscribe, email
  > > "majordomo@xmission.com"
  > > -In the email body, write "subscribe canslim" or
  > > -"unsubscribe canslim".  Do not use quotes in your
  > email.
  >
  >
  > __________________________________________________
  > Do You Yahoo!?
  > Yahoo! - Official partner of 2002 FIFA World Cup
  > http://fifaworldcup.yahoo.com
  >
  > -
  > -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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  -In the email body, write "subscribe canslim" or
  -"unsubscribe canslim".  Do not use quotes in your email.

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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS">Winston, what's your inside 'poop' on =
HWP/CPQ=20
those in the 'know' say it was a life support move for both =
firms.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</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=3Dwlittle1@peoplepc.com =
href=3D"mailto:wlittle1@peoplepc.com">Winston=20
  Little</A> </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> Wednesday, June 26, 2002 =
4:23=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Re: =
Retstatement=20
  of CANSLIM?</DIV>
  <DIV><BR></DIV>Fanus:<BR><BR>The points you make are very =
true.<BR><BR>I also=20
  believe that a big part of t he blame for WCOM, ENE, GX, KM and=20
  other<BR>similar are the fault of shareholders.<BR><BR>Not many people =
vote to=20
  appoint Board of Directors (BOD) or attend and<BR>PARTICIPATE in =
annual=20
  meetings.<BR><BR>There are just a few hundred CEO (conceited, =
exclusive,=20
  overpaid )&nbsp; whose<BR>names recurrently appear on the BOD as you =
go from=20
  company to company. These<BR>members slap each other on the back, are =
more=20
  interested in each others golf<BR>handicap than corporate matters, and =
vote=20
  for excessive pay and greed, so<BR>that they too will receive =
excessive=20
  rewards.<BR><BR>Look at what happened to Walter Hewlett when he =
challenged=20
  those clowns. Did<BR>the share holders come to his defense? No, they =
went with=20
  the slimeballs.<BR><BR>When shareholders vote for independent and =
outside BOD,=20
  they have a right to<BR>expect vigilance and honesty. When we do not =
and allow=20
  the BOD to be<BR>populated by hacks in a circle, we can only expect to =
be=20
  jerked.<BR><BR><BR>----- Original Message -----<BR>From: "Fanus" =
&lt;<A=20
  href=3D"mailto:fanus13@yahoo.com">fanus13@yahoo.com</A>&gt;<BR>To: =
&lt;<A=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
&gt;<BR>Sent:=20
  Wednesday, June 26, 2002 4:54 PM<BR>Subject: Re: [CANSLIM] Re: =
Retstatement of=20
  CANSLIM?<BR><BR><BR>&gt; So, you are saying throw away the =
fundamentals=20
  and<BR>&gt; trade only on the technicals?<BR>&gt;<BR>&gt; There are =
probably=20
  close to 10000 public traded<BR>&gt; companies and just because a =
handful of=20
  companies<BR>&gt; committed fraud and use creative accounting, does=20
  that<BR>&gt; mean the other 99% are also just as bad?&nbsp;&nbsp; This =

  is<BR>&gt; like saying because a small fraction of the =
population<BR>&gt; is=20
  in prison, this mean all people are criminals.<BR>&gt;<BR>&gt; -=20
  Fanus<BR>&gt;<BR>&gt; --- <A=20
  href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A> wrote:<BR>&gt; =
&gt;=20
  Group:<BR>&gt; &gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I'm =
surprised=20
  noone has mentioned this yet:<BR>&gt; &gt; But CANSLIM (in =
particular<BR>&gt;=20
  &gt; the 1st 2 letters) is based on fundamentally<BR>&gt; &gt; =
analyzing and=20
  accepting that<BR>&gt; &gt; quarterly and annual earnings will be=20
  approximately<BR>&gt; &gt; 25%.<BR>&gt; &gt;<BR>&gt;=20
  &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; However, with the accounting =
scandals going=20
  on,<BR>&gt; &gt; and big companies like<BR>&gt; &gt; Enron, WorldCom =
etc.,=20
  being involved, will CANSLIM<BR>&gt; &gt; erode in NSLIM?<BR>&gt; =
&gt;<BR>&gt;=20
  &gt; jans<BR>&gt; &gt;<BR>&gt; &gt; -<BR>&gt; &gt; -To =
subscribe/unsubscribe,=20
  email<BR>&gt; &gt; "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>&gt=
; &gt;=20
  -In the email body, write "subscribe canslim" or<BR>&gt; &gt; =
- -"unsubscribe=20
  canslim".&nbsp; Do not use quotes in your<BR>&gt;=20
  email.<BR>&gt;<BR>&gt;<BR>&gt;=20
  __________________________________________________<BR>&gt; Do You=20
  Yahoo!?<BR>&gt; Yahoo! - Official partner of 2002 FIFA World =
Cup<BR>&gt; <A=20
  =
href=3D"http://fifaworldcup.yahoo.com">http://fifaworldcup.yahoo.com</A><=
BR>&gt;<BR>&gt;=20
  -<BR>&gt; -To subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>&gt=
; -In=20
  the email body, write "subscribe canslim" or<BR>&gt; -"unsubscribe=20
  canslim".&nbsp; Do not use quotes in your =
email.<BR>&gt;<BR><BR><BR>-<BR>-To=20
  subscribe/unsubscribe, 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".&nbsp; Do=20
  not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML>

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