RE: [CANSLIM] Stock screening criteria for value stocks

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] Stock screening criteria for value stocks
Date: Mon, 3 Mar 2003 22:15:43 -0600

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Hi Sonnie,

The idea of any value strategy is to look for a measure of "value" relative
to the current stock price. That could be price to book value, intrinsic
value, sales, cash flow, etc. CANSLIM doesn't rely on any of these
comparisons of future earnings to current price, instead relying on
technical action to indicate future expectations. Best you'd be able to do
is to take the fundamental growth requirements of a CANSLIM stock and then
add to that meaningful measures of value to find candidates. Both the MSN
MoneyCentral site and the AAII site have scans and discussions of that
approach. Good luck trying a value strategy... even Buffett said in his most
recent annual letter to shareholders that "[d]espite three years of falling
prices, which have significantly improved the attractiveness of common
stocks, we still find very few that even mildly interest us."
(http://www.fortune.com/fortune/investing/articles/0,15114,427758,00.html)

Katherine

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Sonnie Oratokhai
Sent: Monday, March 03, 2003 10:01 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Stock screening criteria for value stocks


Yes I agree but das my tweak to canslim.  I dont pratice pure CANSLIM







>From: "Tom Worley" <stkguru@bellsouth.net>
>Reply-To: canslim@lists.xmission.com
>To: <canslim@lists.xmission.com>
>Subject: Re: [CANSLIM] Stock screening criteria for value stocks
>Date: Mon, 3 Mar 2003 22:41:18 -0500
>
>other than CANSLIM and value stocks are contradictory terms?
>
>----- Original Message -----
>From: "Sonnie Oratokhai" <sonnedo@hotmail.com>
>To: <canslim@lists.xmission.com>
>Sent: Monday, March 03, 2003 10:33 PM
>Subject: [CANSLIM] Stock screening criteria for value stocks
>
>
>I currently have a cnslim screen on MSN that I will like to tweak so I can
>pick just value stocks.
>
>Any ideas?
>
>Thanks for your help
>
>Sonnie
>
>
>
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