Re: [CANSLIM] Winston proposal (WAS: Identifying NEW leaders)

From: Fanus <fanus13@yahoo.com>
Subject: Re: [CANSLIM] Winston proposal (WAS: Identifying NEW leaders)
Date: Wed, 7 Aug 2002 14:25:47 -0700 (PDT)

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Winston 

From my observations and to use your terminology with
the two groups, the groups wanting a watch list want
the list from the group wanting to keep the list as it
currently is and prefer to discuss general CANSLIM
principals.  

If you want to post a watch list, or mention a few
stocks, by all means do it.  Just keep in  mind that
this is every member's right to chose not to respond
to your posting, or not to comment on your stocks if
they don't want to. This is also their right not to
disclose stocks they are currently watching and have
done all the needed homework on.

What you propose is happening on the list anyway.
People list an interesting stock they think is CANSLIM
(most of the time anyway) every once in a while and
ask for comments on it.  

Personally, I will not use, or look at anyones watch
lists. I have my own set of rules and screens and if a
stock on someone else's watch list is not on my mine,
well then it didn't pass my screen and so be it.  Of
course it will also not bother me one bit if someone
feel like posting their watch list.  I will just not
use it, but maybe someone else will.

- - Fanus

- --- Winston Little <wlittle1@peoplepc.com> wrote:
> Two groups have emerged.
> One group is asking for help with tutorial
> discussion of a "potential list", the other group
> stating that the purpose of this board is not to
> identify specific issues.
> The position of  both groups have merit.
> A middle ground may be for anyone to post a
> particular stock (maximum of two for the entire
> group each day, first come first served). 
> The person posting, MUST give some background on the
> stock and some listing of what makes the person
> believe it is a potential for the day's CANSLIM
> discussion.
> Once posted with the necessary background
> information, discussion on the merits, flaws and
> cautions could follow.
> Benefits would be good review for some people, good
> tutorial for others, good opportunity for some
> others to hone their skills as constructive reviews
> evolved, opportunity to get different perspectives
> while action is occurring (in contrast with the IBD
> Monday Morning quarterbacking such as the cup with
> or without handles).
> At the end of the day, discussion ends on the one or
> two issues served up.
> 
> 
> Agree?
> Disagree?
> Nonsense? 
> Flawed proposal?
> 
> 
> 
> 
> 
> 
>   ----- Original Message ----- 
>   From: Ian 
>   To: canslim@lists.xmission.com 
>   Sent: Wednesday, August 07, 2002 3:38 PM
>   Subject: Re: [CANSLIM] Identifying NEW leaders
> 
> 
>   In light of the fact that these are extraordinary
> times, I'll throw one out with a terribly ugly
> chart, but very solid current and forward CANSLIM
> fundamentals ... (and besides, I love their name -
> the Engineer in me has always wanted to buy stocks
> like this): CBI-NYSE, Chicago Bridge and Iron
> 
>   I am particularly intrigued by the combination of
> a strong grwing backlog, relatively low historical
> valuation and a sustained recent increase in ADV.
> However, the chart is awful. Any opinions on this
> one?
> 
>   Ian
> 
>   BTW - I qualify these as 'extraordinary times'
> because I've had no trouble finding strong
> groups/sectors/stocks at any point in the last few
> years, until this past June. It amazes me that
> everything can be weak simultaneously.
> 
> 
>     ----- Original Message ----- 
>     From: Vanchee1@aol.com 
>     To: canslim@lists.xmission.com 
>     Sent: Wednesday, August 07, 2002 11:38 AM
>     Subject: Re: [CANSLIM] Identifying NEW leaders
> 
> 
>     Here is one similar to CHTT, what do you think.
> 
>     DLI,  Rev last qtr of 93 mil, EPS of .53,
> dept/equity .97, shrs out 8.6, float 4.7
> 
>     CHTT Rev last qtr of 58 mil, EPS of .58,
> dept/equity 4.03, shrs out 9.5, float 8.1
> 
>     CHTT does have double the margin but much more
> dept. comments
> 
>     Chris
> 
> 


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