Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: LEN (was Re: [CANSLIM] Earnings Confidence)
Date: Mon, 1 Jul 2002 20:49:14 -0400
Next Article (by Subject): Re: [CANSLIM] Earnings Confidence "Tom Worley"
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MessageDGO has earnings forecast for this year (ending Nov) at +9%, and =
for next year at +15%, well under the target of 20%. However, chart does =
look quite nice otherwise.
- ----- Original Message -----=20
From: inderjit=20
To: canslim@lists.xmission.com=20
Sent: Monday, July 01, 2002 5:11 PM
Subject: RE: [CANSLIM] Earnings Confidence
Try www.google.com, I found this for you: =
http://www.fool.com/school/basics/investingbasics006.htm
LEN looks to be breaking out, any comments?
Regards.
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Mike Gibbons
Sent: Monday, July 01, 2002 4:56 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Earnings Confidence
Katherine, David and Gene,
Wow, that was fast, now what does it mean? A reference link would be =
fine.
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 Katherine Malm
Sent: Monday, July 01, 2002 10:45 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Earnings Confidence
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
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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.
-
-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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<HTML><HEAD><TITLE>Message</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial>DGO has earnings forecast for this year (ending =
Nov) at=20
+9%, and for next year at +15%, well under the target of 20%. However, =
chart=20
does look quite nice otherwise.</FONT></DIV>
<DIV><FONT face=3DArial></FONT> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dinderjit@adelphia.net =
href=3D"mailto:inderjit@adelphia.net">inderjit</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Monday, July 01, 2002 5:11 PM</DIV>
<DIV><B>Subject:</B> RE: [CANSLIM] Earnings Confidence</DIV></DIV>
<DIV><BR></DIV>
<DIV><SPAN class=3D090540921-01072002><FONT size=3D2>Try <A=20
href=3D"http://www.google.com">www.google.com</A>, I found this for you: =
<A=20
href=3D"http://www.fool.com/school/basics/investingbasics006.htm">http://=
www.fool.com/school/basics/investingbasics006.htm</A></FONT></SPAN></DIV>=
<DIV><SPAN class=3D090540921-01072002><FONT =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D090540921-01072002><FONT size=3D2>LEN looks to be =
breaking out,=20
any comments?</FONT></SPAN></DIV>
<DIV><SPAN class=3D090540921-01072002><FONT =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D090540921-01072002><FONT =
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D090540921-01072002><FONT =
size=3D2>Regards.</FONT></SPAN></DIV>
<DIV><SPAN class=3D090540921-01072002><FONT =
size=3D2></FONT></SPAN> </DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV></DIV>
<DIV class=3DOutlookMessageHeader lang=3Den-us dir=3Dltr =
align=3Dleft><FONT=20
face=3DTahoma size=3D2>-----Original Message-----<BR><B>From:</B> <A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A>=20
[mailto:owner-canslim@lists.xmission.com] <B>On Behalf Of </B>Mike=20
Gibbons<BR><B>Sent:</B> Monday, July 01, 2002 4:56 PM<BR><B>To:</B> <A =
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
<BR><B>Subject:</B>=20
RE: [CANSLIM] Earnings Confidence<BR><BR></FONT></DIV>
<DIV><SPAN class=3D900065420-01072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2>Katherine, David and Gene,</FONT></SPAN></DIV>
<DIV><SPAN class=3D900065420-01072002><FONT face=3DArial =
color=3D#0000ff=20
size=3D2></FONT></SPAN> </DIV>
<DIV><SPAN class=3D900065420-01072002><FONT face=3DArial =
color=3D#0000ff size=3D2>Wow,=20
that was fast, now what does it mean? A reference link would be=20
fine.</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,=20
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 dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<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 =
</B>Katherine=20
Malm<BR><B>Sent:</B> Monday, July 01, 2002 10:45 AM<BR><B>To:</B>=20
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM] Earnings =
Confidence<BR><BR></FONT></DIV>
<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=20
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> Monday, July 01, 2002 =
3:41=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] =
Earnings=20
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=20
and a half that CANLSIM/GARP is a safe and<BR>reliable way to =
trade. =20
It really cuts down on the risk yet you still get to<BR>catch a =
lot of the=20
good moves such as homebuilders and REIT's. Granted it<BR>is =
not=20
strict CANSLIM but you can still use a lot of the concepts=20
WON<BR>teaches. I always thought David Ryans interview in =
Market=20
Wizards made<BR>sense that after screening for eveything else go =
for the=20
lowest P/E. I also<BR>wish that WON would teach more on the =
short=20
side. The best gains I have had<BR>have been on the short side the =
past=20
year and a half. CANSLIM criteria are<BR>discriminating =
enought that=20
if you apply most of them in reverse and then<BR>throw in a ton of =
debt=20
you end up with some good shorts. Oh well enough of<BR>my=20
soapbox.<BR><BR><BR>David Taggart<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 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=20
to my back issues and dug out the Investor's =
Corner<BR>you<BR>refer=20
to. It's the June 25th issue. I'm going to follow your =
lead=20
and get<BR>more<BR>familiar with the SEC filings.<BR><BR>In =
general, I've=20
gotten more conservative, probably like most. I'm=20
paying<BR>more<BR>attention to the P/E than I ever have in the =
past,=20
preferring <20. I guess<BR>that<BR>makes me a "value" =
CANSLIM=20
investor. I'm also weighting the cash flow more<BR>than<BR>I =
have in=20
the past to try to establish a correlation with earnings,=20
i.e.,<BR>20%<BR>higher than last year's EPS. =
- -Harvey<BR><BR><A=20
href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A> =
wrote:<BR><BR>>=20
Katherine:<BR>><BR>> In a way =
the=20
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;=20
all<BR>my<BR>> fundamental info had been gleaned from =
DGO. =20
However, with earnings and<BR>even<BR>> cash-flow now being =
suspect-I=20
go to the SEC page when analyzing a<BR>company's<BR>> stock =
that I wish=20
to buy, to see what the company is doing and how it is<BR>> =
doing it.=20
(About a week ago, IBD in Investors Corner printed a column=20
on<BR>the<BR>> different types of statements that =
companies are=20
required to file with<BR>the<BR>> SEC-so I believe that IBD =
believes=20
this sort of fundamental info is<BR>important<BR>> to apprise =
oneself=20
of when analyzing a =
stock).<BR>><BR>> =20
I suppose I use the "events" in a negative way to strengthen=20
my<BR>buying<BR>> strategy, ie. if what I see on SEC seems =
different=20
than what DGO prints as<BR>to<BR>> the company's earnings or =
even what=20
the chart is saying, I drop that stock<BR>> from my=20
watch-list.<BR>><BR>> As far =
as=20
selling (an exit strategy), I wouldn't buy a company=20
in<BR>the<BR>> first place unless I felt comfortable with =
it. So=20
for the exit strategy,<BR>I<BR>> generally will rely on WON's =
dictums=20
regarding when to sell.<BR>><BR>> jans<BR>><BR>> In a =
message=20
dated 7/1/2002 2:15:33 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=20
the sense that it impacts much of the core =
investing<BR>concepts<BR>>=20
in CANSLIM.<BR>><BR>> I'm interested in finding out if =
and how=20
this change in perception of<BR>> earnings measurement will or =
has had=20
any affect on your CANSLIM mining,<BR>> entry, and/or exit =
strategies.=20
If it has not yet had an effect, do you<BR>> believe that it =
should? In=20
other words, how will you modify your approach<BR>> based on =
these=20
events? How do 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>>=
;=20
-In 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=
=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=
=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=
=20
the email body, write "subscribe canslim" or<BR>-"unsubscribe=20
canslim". Do not use quotes in your=20
email.</BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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Next Article (by Subject): Re: [CANSLIM] Earnings Confidence "Tom Worley"
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