Re: [CANSLIM] FLOAT


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] FLOAT
Date: Tue, 5 Nov 2002 23:45:27 -0500

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I would have to assume bad counting. I considered the possibility of =
outstanding convertible bonds or warrants being counted, but don't see =
that listed. DGO shows only 24% funds ownership. Float and issue are =
almost the same with very little management holdings.

Best bet is just ask Yahoo where they get their nrs. They likely will =
blame some third party vendor.

- ----- Original Message -----=20
From: luis claramunt=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, November 05, 2002 10:27 AM
Subject: [CANSLIM] FLOAT


Hi,

 =20
While doing my weekly research I came across in Yahoo Finance with the =
profile for SRCL, under Ownership Institutional is appeared 123% of =
float.

=20

A definition of float is the shares left over for possible purchase =
after substracting stock that is closely held (How to make money in =
stocks, page 33); my doubt is: who come  do they come with this 123%?

=20

I need some light on it.

=20

Best Regards to all,

=20

Luis Claramunt

San Jose, Costa Rica
mail to: luclaxu@racsa.co.cr
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<DIV><FONT face=3DArial>I would have to assume bad counting. I =
considered the=20
possibility of outstanding convertible bonds or warrants being counted, =
but=20
don't see that listed. DGO shows only 24% funds ownership. Float and =
issue are=20
almost the same with very little management holdings.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>Best bet is just ask Yahoo where they get their =
nrs. They=20
likely will blame some third party vendor.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dluclaxu@racsa.co.cr href=3D"mailto:luclaxu@racsa.co.cr">luis =
claramunt</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Tuesday, November 05, 2002 10:27 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] FLOAT</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2>Hi,</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2>&nbsp;=20
<P class=3DMsoBodyText>While doing my weekly research I came across in =
Yahoo=20
Finance with the profile for SRCL, under Ownership Institutional is =
appeared=20
123% of float.</P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">A definition of float is the shares left =
over for=20
possible purchase after substracting stock that is closely held (How to =
make=20
money in stocks, page 33); my doubt is: who come<SPAN=20
style=3D"mso-spacerun: yes">&nbsp; </SPAN>do they come with this=20
123%?<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">I need some light on =
it.<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">Best Regards to all,<o:p></o:p></SPAN></P>
<P class=3DMsoNormal style=3D"TEXT-ALIGN: justify"><SPAN=20
style=3D"FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P><SPAN=20
style=3D"FONT-SIZE: 12pt; FONT-FAMILY: Arial; mso-fareast-font-family: =
'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: =
EN-US; mso-bidi-language: AR-SA">Luis=20
Claramunt</SPAN></FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2><BR>San Jose, Costa =
Rica<BR>mail to: <A=20
href=3D"mailto:luclaxu@racsa.co.cr">luclaxu@racsa.co.cr</A></FONT></DIV><=
/BODY></HTML>

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