RE: [CANSLIM] WTW

From: "Lin Wells" <linwells1@charter.net>
Subject: RE: [CANSLIM] WTW
Date: Wed, 18 Sep 2002 13:40:10 -0500

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That wasn't so difficult.  Thanks to both of you.

Lin

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: Wednesday, September 18, 2002 1:31 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] WTW

HI Lin,

This is an excellent place to start when looking into a stock:

http://biz.yahoo.com/p/w/wtw.html

It provides a good launching pad for investigation and due diligence.
Look
under the section just to the right entitled "Financial Summary" and
click
on "Significant Developments." There, you'll notice the announcement of
the
secondary offering by the private investment group, Artal Luxembourg
S.A.

To learn more about seondary offerings, see:
http://www.investopedia.com/terms/s/secondaryoffering.asp

All investments have a "lifetime" and it's not uncommon for large
investors
to cash out and move on to other investment opportunities. If you look
at
the performance of WTW since going public, it may explain why they are
timing their exit as they are.

Katherine


- ----- Original Message -----
From: "Lin Wells" <linwells1@charter.net>
To: <canslim@lists.xmission.com>
Sent: Wednesday, September 18, 2002 1:17 PM
Subject: RE: [CANSLIM] WTW


|
| I wish this wasn't all so esoteric to me.  I wish I knew where you
were
| getting this info and how you were reading it.  I wish I knew what
terms
| such as "A secondary offering..." and "If the market
oversubscribes..."
| means.  I suspect that it is too lengthy a discussion for here.  I
have
| Datek streaming quotes on Medved quote tracker but this is probably
not
| where this info is accessed. Maybe you could point me in the right
| direction.
|
| Thanks
| Lin
|
| -----Original Message-----
| From: owner-canslim@lists.xmission.com
| [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston Little
| Sent: Wednesday, September 18, 2002 12:45 PM
| To: canslim@lists.xmission.com
| Subject: Re: [CANSLIM] WTW
|
| Mike:
| on WTW, two days brisk trading (4 million shares Tuesday followed by 5
| million so far today led to to ask: Who owns the shares, and why the
| heavy
| trading?
|
| There are 106 million shares outstanding.
| Artal of Luxembourg had owned 94%.
| A secondary offering for 15 million shares for $630 million is being
| filled
| right now by Artal at about $42/share. After the offering is completed
| Artal
| will own 62%.
| If the market oversubscribes, there is provision to sell an additional
| 2.5
| million shares.
|
| Why is Artal selling, and why at $3 below the price on Monday?
|
|
| ----- Original Message -----
| From: <michael_niemotka@baxter.com>
| To: <canslim@lists.xmission.com>
| Sent: Wednesday, September 18, 2002 10:28 AM
| Subject: [CANSLIM] WTW
|
|
| > Is WTW "churning"?  It is having incredible volume already, but
price
| is
| > only up 0.29%?
| >
| > Any thoughts?
| >
| >
| >
| > Mike Niemotka , PE
| > Sr. Principal Engineer
| > Baxter Healthcare Corporation
| > Route 120 & Wilson Road
| > Round Lake, IL 60073
| > Tel (847) 270-4075
| > Fax (847) 270-4525
| > michael_niemotka@baxter.com
| >
| >
| >
| > -
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| >
|
|
|
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