Re: [CANSLIM] Cheap?

From: Kent Norman <kent_norman@yahoo.com>
Subject: Re: [CANSLIM] Cheap?
Date: Sat, 13 Jul 2002 07:47:57 -0700 (PDT)

Next Article (by Subject): Re: [CANSLIM] Cheap? "Tom Worley"
Previous Article (by Subject): Re: [CANSLIM] Accounting stuff (off topic, sorta) "J. Lobatto"
Next in Thread: Re: [CANSLIM] Cheap? "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]

I hope they feel comfortable with the projections. As for me, I don't
trust the analysts projections in light of the recent news and track
record.

Regards
Kent Norman

- --- Tom Worley <stkguru@bellsouth.net> wrote:
> Trailing PE ratios should be ignored by all CANSLIMers. If you want
> to use
> or study PE ratios, use forward (projected, forecasted) PE ratios.
> 
> ----- Original Message -----
> From: "Rocky Sanghvi" <rs@mylodestar.com>
> To: <canslim@lists.xmission.com>
> Sent: Friday, July 12, 2002 4:36 PM
> Subject: RE: [CANSLIM] Cheap?
> 
> 
> S&P 500 Price/Earnings Ratio At 37.31, Down From 37.65
> 
> NEW YORK -(Dow Jones)- The price/earnings ratio of the Standard &
> Poor's 500
> index at the close of trading Friday, July 12, was 37.31.
> Thursday, the ratio was 37.65.
> 
> The lowest price/earnings ratio on the S&P 500 came in the second
> quarter of
> 1949, when the reading slipped to 5.9. Over the last decade, the low
> was
> 15.77 in the first quarter of 1995.
> 
> The price/earnings ratio, known as the multiple, is a measure of the
> average
> stock price divided by the average earnings per share. The earnings
> data is
> based on the trailing four quarters.
> 
> 
> 
> -
> -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.


=====
Opportunities always look bigger going than coming.

__________________________________________________
Do You Yahoo!?
Yahoo! Autos - Get free new car price quotes
http://autos.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.

Go to Jeff Salisbury LWGate Home Page.