Re: [CANSLIM] Stock screening criteria for value stocks

From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] Stock screening criteria for value stocks
Date: Mon, 03 Mar 2003 21:31:11 -0800

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Hi Sonnie:

I agree with Tom. If you are trying to meld CANSLIM and 'Value' together,
you most likely have to throw out any filtering on price, market cap, or
average daily trading volume.  However, once you do that, you may be
surprised to find some nano-cap CANSLIM gems.

For example, Document Sciences (DOCX - NASDAQ SmallCap), had 20% revenue
growth and 160% EPS growth ($0.13/share) in Q3 last year, with a slate of
new products in the pipeline, stronger license growth than overall growth, a
strong outlook, and a chart that had been dead flat for 1 - year (so no
overhead resistance to speak of). After their Q3 earnings announcement, the
stock still remained down at $2, which was equivalent to the net cash per
share on their balance sheet.

In this day and age,  I believe that you will be hard pressed to ever find
liquid growth stocks > $15, with friendly charts, trading anywhere close to
their tangible book value. But if you find any, please let the group know.

Cheers,

Ian



- ----- Original Message -----
From: Sonnie Oratokhai <sonnedo@hotmail.com>
To: <canslim@lists.xmission.com>
Sent: Monday, March 03, 2003 7:33 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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