Re: [CANSLIM] ANSI


From: Hermann Ertl <hertl@attglobal.net>
Subject: Re: [CANSLIM] ANSI
Date: Sun, 18 Aug 2002 01:14:54 -0500

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> From: "Tom Worley" <stkguru@bellsouth.net>
> Date: Sat, 17 Aug 2002 10:00:20 -0400
>
> Jack, a good example of how you have to be careful with "calculated" long
> term statistics. In this case, ANSI earned (by DGO's adjusted calculations)
> a total of 75 cents in 1999, then dropped to 9 cents in 2000 and 21 cents in
> 2001. So 2001 looks good by comparison, but lousy on a 3 year basis. On the
> other hand, the forecasts of 51 cents this year and 77 cents next year
> continue the short term trend higher at a rate that well exceeds market
> norms.
>
> ----- Original Message -----
> From: "Jack Tencza" <jtenz@yahoo.com>
> Sent: Saturday, August 17, 2002 9:34 AM
>
>
> IBD vital statistics shows ANSI's 3 yr. EPS at -27%.
> Am I correct in assuming this is a straight line
> calculation? If it was $1.00 3 yrs. ago, today it's
> .73?



Tom, your data do not explain, "3 yr. EPS at -27%."
In order to calculate a three year trend (Jack says, "3 yrs. ago")
one needs data for four years - you supplied only data for three
years.

If you supply data for four years we may can figure out the answer
to Jack's question how the three year trend is calculated, or do
you know?

Maybe the problem lies somewhere else. Maybe quarterly results were
used.





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