[CANSLIM] IBD's take on ENR

From: Chris Dempsey <cdempsey@houston.oilfield.slb.com>
Subject: [CANSLIM] IBD's take on ENR
Date: Thu, 12 Sep 2002 12:19:03 -0500

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Today's take on ENR is interesting in today's IBD. IBD teaches that
institutional selling is bad. Now with ENR institutional selling is "gaining
a little more freedom." Does this fall under the scope "liars figure and
figures lie?" Any comments?

From IBD:

On the upside, Energizer Holdings (ENR) cleared an unusual-looking, 11-week
base, vaulting 1.08 to 31.02 on volume 81% above average. The battery maker,
spun off by Ralston Purina in 2000, gained a little more freedom this week.
*****A group including Gabelli Asset Management lowered its stake in the
firm to 4.29%, down from 6.29%.*****

Energizer's 84 EPS Rating ranks as third best among the 29 stocks in the
Consumer Products-Miscellaneous group. The group ranks 11th among IBD's 197
industries after holding a spot among the top 10 groups in each of the
previous seven weeks. The IBD Stock Checkup at investors.com gives Energizer
an A overall grade.


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