Go to Jeff Salisbury LWGate Home Page.From: "Winston Little" <wlittle1@peoplepc.com>
Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?
Date: Wed, 26 Jun 2002 18:00:58 -0400
Previous Article (by Subject): Re: [CANSLIM] Re: Retstatement of CANSLIM? Warren Keuffel
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Gene:
My personal assessment is that one company was on a fast trip with =
driver after driver accelerating down a one way road which terminated at =
a cliff. The other was driven by a misfit running out of time and =
products.=20
The motivation of both drivers was a personal reward of over $100 =
million outrageously approved by their circle hacks. The strategy for =
the combined operation was and is a mystery. WH challenged this =
motivation and lack of strategy. He was branded a misfit or traitor. =
Shareholders went with default vote which supported the incumbent hacks. =
In many ways, the situation reminded me of an old black and white movie =
"Twelve Angry Men" with Henry Fonda, except that the this time the =
outcome was the opposite of the movie.
----- Original Message -----=20
From: Gene Ricci=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, June 26, 2002 5:36 PM
Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?
Winston, what's your inside 'poop' on HWP/CPQ those in the 'know' say =
it was a life support move for both firms.
----- 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.
>
-
-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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<BODY bgColor=3D#ffffff>
<DIV><FONT size=3D2>Gene:</FONT></DIV>
<DIV><FONT size=3D2>My personal assessment is that one company was on a =
fast trip=20
with driver after driver accelerating down a one way road which =
terminated=20
at a cliff. </FONT><FONT size=3D2>The other was driven by a misfit =
running out of=20
time and products. </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>The motivation of both drivers was a personal reward =
of over=20
$100 million outrageously approved by their circle hacks. The =
strategy for=20
the combined operation was and is a mystery. WH challenged this =
motivation and=20
lack of strategy. He was branded a misfit or traitor. Shareholders =
went=20
with default vote which supported the incumbent hacks. </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>In many ways, the situation reminded me of an old =
black and=20
white movie "Twelve Angry Men" with Henry Fonda, except that the this =
time the=20
outcome was the opposite of the movie.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<BLOCKQUOTE dir=3Dltr=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=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene =
Ricci</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 =
5:36=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Re: =
Retstatement=20
of CANSLIM?</DIV>
<DIV><BR></DIV>
<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=20
firms.</FONT></DIV>
<DIV> </DIV>
<DIV> </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>=
=20
</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=20
also believe that a big part of t he blame for WCOM, ENE, GX, KM and =
other<BR>similar are the fault of shareholders.<BR><BR>Not many =
people vote=20
to 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 ) 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=20
with the slimeballs.<BR><BR>When shareholders vote for independent =
and=20
outside BOD, they have a right to<BR>expect vigilance and honesty. =
When we=20
do not and allow the BOD to be<BR>populated by hacks in a circle, we =
can=20
only expect to be jerked.<BR><BR><BR>----- Original Message =
- -----<BR>From:=20
"Fanus" <<A=20
href=3D"mailto:fanus13@yahoo.com">fanus13@yahoo.com</A>><BR>To: =
<<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
><BR>Sent:=20
Wednesday, June 26, 2002 4:54 PM<BR>Subject: Re: [CANSLIM] Re: =
Retstatement=20
of CANSLIM?<BR><BR><BR>> So, you are saying throw away the =
fundamentals=20
and<BR>> trade only on the technicals?<BR>><BR>> There are =
probably=20
close to 10000 public traded<BR>> companies and just because a =
handful of=20
companies<BR>> committed fraud and use creative accounting, does=20
that<BR>> mean the other 99% are also just as bad? =
This=20
is<BR>> like saying because a small fraction of the =
population<BR>> is=20
in prison, this mean all people are criminals.<BR>><BR>> -=20
Fanus<BR>><BR>> --- <A=20
href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A> =
wrote:<BR>> >=20
Group:<BR>> ><BR>> > I'm =
surprised=20
noone has mentioned this yet:<BR>> > But CANSLIM (in=20
particular<BR>> > the 1st 2 letters) is based on =
fundamentally<BR>>=20
> analyzing and accepting that<BR>> > quarterly and annual =
earnings=20
will be approximately<BR>> > 25%.<BR>> ><BR>>=20
> However, with the accounting =
scandals=20
going on,<BR>> > and big companies like<BR>> > Enron, =
WorldCom=20
etc., being involved, will CANSLIM<BR>> > erode in =
NSLIM?<BR>>=20
><BR>> > jans<BR>> ><BR>> > -<BR>> > -To=20
subscribe/unsubscribe, email<BR>> > "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>>=
;=20
> -In the email body, write "subscribe canslim" or<BR>> >=20
-"unsubscribe canslim". Do not use quotes in your<BR>>=20
email.<BR>><BR>><BR>>=20
__________________________________________________<BR>> Do You=20
Yahoo!?<BR>> Yahoo! - Official partner of 2002 FIFA World =
Cup<BR>> <A=20
=
href=3D"http://fifaworldcup.yahoo.com">http://fifaworldcup.yahoo.com</A><=
BR>><BR>>=20
-<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 =
email.<BR>><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". Do=20
not use quotes in your =
email.<BR></BLOCKQUOTE></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.
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