Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Earnings Confidence
Date: Mon, 1 Jul 2002 15:45:03 -0500
Previous Article (by Date): RE: [CANSLIM] Earnings Confidence "David Taggart"
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This is a multi-part message in MIME format. - ------=_NextPart_000_000A_01C22116.43F015C0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable GARP =3D Growth At a Reasonable Price ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, July 01, 2002 3:41 PM Subject: RE: [CANSLIM] Earnings Confidence David, Excuse my ignorance, but what's GARP? 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 David Taggart Sent: Monday, July 01, 2002 10:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Earnings Confidence I have found for about a year and a half that CANLSIM/GARP is a safe = and reliable way to trade. It really cuts down on the risk yet you still = get to catch a lot of the good moves such as homebuilders and REIT's. = Granted it is not strict CANSLIM but you can still use a lot of the concepts WON teaches. I always thought David Ryans interview in Market Wizards = made sense that after screening for eveything else go for the lowest P/E. = I also wish that WON would teach more on the short side. The best gains I = have had have been on the short side the past year and a half. CANSLIM = criteria are discriminating enought that if you apply most of them in reverse and = then throw in a ton of debt you end up with some good shorts. Oh well = enough of my soapbox. David Taggart -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Harvey Brion Sent: Monday, July 01, 2002 1:57 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Earnings Confidence Good post, Jans. I went to my back issues and dug out the Investor's = Corner you refer to. It's the June 25th issue. I'm going to follow your lead = and get more familiar with the SEC filings. In general, I've gotten more conservative, probably like most. I'm = paying more attention to the P/E than I ever have in the past, preferring <20. I = guess that makes me a "value" CANSLIM investor. I'm also weighting the cash flow = more than I have in the past to try to establish a correlation with earnings, = i.e., 20% higher than last year's EPS. -Harvey Spencer48@aol.com wrote: > Katherine: > > In a way the accounting frauds and scandals that have popped up = have > been useful to me-in this way: I had never relied on SEC info = before; all my > fundamental info had been gleaned from DGO. However, with earnings = and even > cash-flow now being suspect-I go to the SEC page when analyzing a company's > stock that I wish to buy, to see what the company is doing and how = it is > doing it. (About a week ago, IBD in Investors Corner printed a = column on the > different types of statements that companies are required to file = with the > SEC-so I believe that IBD believes this sort of fundamental info is important > to apprise oneself of when analyzing a stock). > > I suppose I use the "events" in a negative way to strengthen my buying > strategy, ie. if what I see on SEC seems different than what DGO = prints as to > the company's earnings or even what the chart is saying, I drop that = stock > from my watch-list. > > As far as selling (an exit strategy), I wouldn't buy a company = in the > first place unless I felt comfortable with it. So for the exit = strategy, I > generally will rely on WON's dictums regarding when to sell. > > jans > > In a message dated 7/1/2002 2:15:33 PM Eastern Daylight Time, > kmalm@earthlink.net writes: > > << I see the recent discussions of Anderson, WCOM, earnings = confidence, etc. > to be of great importance in CANSLIM investing, less as a matter of "current > events" than in the sense that it impacts much of the core investing concepts > in CANSLIM. > > I'm interested in finding out if and how this change in perception = of > earnings measurement will or has had any affect on your CANSLIM = mining, > entry, and/or exit strategies. If it has not yet had an effect, do = you > believe that it should? In other words, how will you modify your = approach > based on these events? How do you use these events to strengthen = your > strategies? >> > > - > -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. - -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_000A_01C22116.43F015C0 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 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>GARP =3D Growth At a Reasonable Price</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=3Dmikegibbons@proactech.com=20 href=3D"mailto:mikegibbons@proactech.com">Mike Gibbons</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> Monday, July 01, 2002 = 3:41 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] Earnings = Confidence</DIV> <DIV><BR></DIV>David,<BR><BR>Excuse my ignorance, but what's=20 GARP?<BR><BR>Aloha,<BR><BR>Mike Gibbons<BR>Proactive Technologies, = 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 David Taggart<BR>Sent: Monday, July 01, 2002 10:18 AM<BR>To: = <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>Subject:=20 RE: [CANSLIM] Earnings Confidence<BR><BR><BR>I have found for about a = year and=20 a half that CANLSIM/GARP is a safe and<BR>reliable way to trade. = It=20 really cuts down on the risk yet you still get to<BR>catch a lot of = the good=20 moves such as homebuilders and REIT's. Granted it<BR>is not = strict=20 CANSLIM but you can still use a lot of the concepts = WON<BR>teaches. I=20 always thought David Ryans interview in Market Wizards made<BR>sense = that=20 after screening for eveything else go for the lowest P/E. I = also<BR>wish=20 that WON would teach more on the short side. The best gains I have = had<BR>have=20 been on the short side the past year and a half. CANSLIM = criteria=20 are<BR>discriminating enought that if you apply most of them in = reverse and=20 then<BR>throw in a ton of debt you end up with some good shorts. = Oh well=20 enough of<BR>my soapbox.<BR><BR><BR>David Taggart<BR><BR>-----Original = 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 Harvey Brion<BR>Sent: Monday, July 01, 2002 1:57 PM<BR>To: = <A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <BR>Subject:=20 Re: [CANSLIM] Earnings Confidence<BR><BR><BR>Good post, Jans. I = went to=20 my back issues and dug out the Investor's Corner<BR>you<BR>refer = to. =20 It's the June 25th issue. I'm going to follow your lead and=20 get<BR>more<BR>familiar with the SEC filings.<BR><BR>In general, I've = gotten=20 more conservative, probably like most. I'm = paying<BR>more<BR>attention=20 to the P/E than I ever have in the past, preferring <20. I=20 guess<BR>that<BR>makes me a "value" CANSLIM investor. I'm also = weighting=20 the cash flow more<BR>than<BR>I have in the past to try to establish a = correlation with earnings, i.e.,<BR>20%<BR>higher than last year's = EPS. =20 -Harvey<BR><BR><A = href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A>=20 wrote:<BR><BR>> = Katherine:<BR>><BR>> In=20 a way the accounting frauds and scandals that have popped up = have<BR>> been=20 useful to me-in this way: I had never relied on SEC info before; = all<BR>my<BR>> fundamental info had been gleaned from DGO. = However,=20 with earnings and<BR>even<BR>> cash-flow now being suspect-I go to = the SEC=20 page when analyzing a<BR>company's<BR>> stock that I wish to buy, = to see=20 what the company is doing and how it is<BR>> doing it. (About a = week ago,=20 IBD in Investors Corner printed a column on<BR>the<BR>> different = types=20 of statements that companies are required to file = with<BR>the<BR>>=20 SEC-so I believe that IBD believes this sort of fundamental info=20 is<BR>important<BR>> to apprise oneself of when analyzing a=20 stock).<BR>><BR>> I suppose I use = the=20 "events" in a negative way to strengthen my<BR>buying<BR>> = strategy, ie. if=20 what I see on SEC seems different than what DGO prints = as<BR>to<BR>> the=20 company's earnings or even what the chart is saying, I drop that = stock<BR>>=20 from my watch-list.<BR>><BR>> As = far as=20 selling (an exit strategy), I wouldn't buy a company = in<BR>the<BR>>=20 first place unless I felt comfortable with it. So for the exit=20 strategy,<BR>I<BR>> generally will rely on WON's dictums regarding = when to=20 sell.<BR>><BR>> jans<BR>><BR>> In a message dated 7/1/2002 = 2:15:33=20 PM Eastern Daylight Time,<BR>> <A=20 href=3D"mailto:kmalm@earthlink.net">kmalm@earthlink.net</A>=20 writes:<BR>><BR>> << I see the recent discussions of = Anderson,=20 WCOM, earnings confidence,<BR>etc.<BR>> to be of great importance = in=20 CANSLIM investing, less as a matter of<BR>"current<BR>> events" = than in the=20 sense that it impacts much of the core investing<BR>concepts<BR>> = in=20 CANSLIM.<BR>><BR>> I'm interested in finding out if and = how this=20 change in perception of<BR>> earnings measurement will or has had = any=20 affect on your CANSLIM mining,<BR>> entry, and/or exit strategies. = If it=20 has not yet had an effect, do you<BR>> believe that it should? In = other=20 words, how will you modify your approach<BR>> based on these = events? How do=20 you use these events to strengthen your<BR>> strategies?=20 >><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 email.<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><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.<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.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_000A_01C22116.43F015C0-- - - - -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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Top of Thread: Re: [CANSLIM] Earnings Confidence Spencer48@aol.com
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