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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/12/2007 11:11 AM |
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AMMD is Doug Gerlach's second pick in StockCentral's "25 Top Stock Picks for 2007 and Beyond!" competition.
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 Attachment: AMMD.SSG
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Joe |
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armin fields
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| 01/12/2007 4:36 PM |
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I cannot open the attached SSG file for AMMD with my TK 5. I keep getting “invalid file format” no matter what I try.
Would you post another SSG, perhaps in both SSG and ITK format?
Armin
ps: what happened to the font choice selection which was here last week? |
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Armin Fields
check out my SSG blog at
http://stock-analysis-with-ssg-and-pert-a.blogspot.com |
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William Biedenstein
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| 01/12/2007 5:40 PM |
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I have the same problem, Joe.
Bill Biedenstein |
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/12/2007 9:59 PM |
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There was a problem with the file. I've removed it and asked Doug for a new one.
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Joe |
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Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral
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| 01/15/2007 9:50 AM |
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Here's my SSG for AMMD, a small company FY 2006 sales of $357 million.
American Medical Systems Holdings, Inc. develops, manufactures and
markets medical devices to physicians, primarily targeted at the pelvic health disease states
of erectile dysfunction, male urinary incontinence, benign prostatic
hyperplasia (BPH), male urethral stricture, fecal incontinence, female
urinary incontinence, pelvic organ prolapse and menorrhagia. With the aging population, treatment needs in these areas are growing.
The company's web site is at http://www.americanmedicalsystems.com/.
The company has been growing pretty steadily since going public in 2001. At the 12/31 price, the stock was valued at very close to its 5-year adjusted relative value. On January 5, 2007, the company reported preliminary fourth-quarter revenue of $114.8 million, up 57% from $73.1 million last year. The fourth quarter was the first full quarter to include results from the operations of Laserscope, which was acquired in July of 2006. AMMD also reported preliminary 2006 revenue or $357.7 million, up 36% from $262.2 million in 2005. After adjusting for the acquisition of Laserscope, American Medical Systems reported organic revenue growth of 18% for both the fourth quarter and for 2006. American Medical cuts its 2007 revenue forecast to a range of $490 million to $515 million from a range of $505 million to $530 million, and reaffirmed its earnings outlook of 76 cents to 81 cents a share.While this data isn't included in the attached SSG file, it's still almost exactly in the range of my SSG projections.
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Attachment: AMMD.SSG
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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Dan Hess
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| 01/15/2007 10:29 AM |
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Doug
Thanks for posting your SSG for AMMD.
I admit I am puzzled on how Hemscott may be adjusting the data they provide. For AMMD they show quarterly (ending 6/06) PTP of -11.5M, NI of -8.1M and EPS of +0.30. This simply seems like a data error to me but perhaps I can learn something from how Hemscott may be adjusting the data.
Thanks for any help you can provide to clarify this.
Dan Hess
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Ilse De Wolf-Richter
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| 01/16/2007 1:40 PM |
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I am new to this web site.
I have no problem receiving the SSG's through the subscription, but cannot get Doug's SSG for AMMD. I have the sam problems as others and it states: Can't Import "File appears to be in an invalid format ".
Thank You, Ilse |
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/16/2007 4:11 PM |
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Ilse,
Can you try this just one more time? I just clicked on the attachment to Doug's message and downloaded the file into Toolkit with no problem.
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Joe |
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Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral
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| 01/18/2007 12:46 PM |
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Posted By Dan Hess on 01/15/2007 10:29 AM I admit I am puzzled on how Hemscott may be adjusting the data they provide. For AMMD they show quarterly (ending 6/06) PTP of -11.5M, NI of -8.1M and EPS of +0.30. This simply seems like a data error to me but perhaps I can learn something from how Hemscott may be adjusting the data.
On a related note, Hemscott does provide Normalized Net Income, so perhaps we should use that in the SSG data files instead of Net Income, and/or on the Company Report page here on StockCentral. We've bumped up against a limitation of the SSG datafile format in that we can't provide both normalized and net figures, and the way the SSG datafiles are currently implemented we only show normalized quarterly EPS and net figures for the other items.
Doug
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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Dan Hess
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| 01/18/2007 1:45 PM |
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Doug
Thanks for clarifying. I now understand the Hemscott data normalizes the EPS numbers while the PTP and NI numbers show as reported data.
I would think it would be desirable to have all three to utilize the normalized numbers. If this is not possible I suggest amending the FAQ since it is clear EPS is normalized but there is no mention of PTP or NI one way or another.
Am I correct you obtained the information about the special charges by reviewing the company's 10Q reports? If Hemscott provides this data it sure would be nice if it were possible to show the adjustments like you have reported or at least like VL reports in their footnotes. Perhaps at a minimum to show a flag where the data has been normalized to prompt the user to dig into the 10Q/K to find out the details.
Dan Hess
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armin fields
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| 01/18/2007 7:41 PM |
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I noticed some big differences that were disturbing between the Hemscott and S&PSDS (old OPS) data files for AMMD:
- I downloaded both files on 1-12 and the ops data was as of 1-11 while the hem data was 28 days old, as of 12-15;
- hem had no PE data for 2000, but ops did;
- both files were substantially different in terms of High and Lo PEs, and the largest differences were: 2001 Hi PEs of 90.8/85.6 (hem/ops); 2001 Lo PEs of 31.7/26.3; 2002 Hi PEs 34.2/39.3; 2003 Hi PEs of 27.2/31.4; 2004 Hi PEs of 35.5/40.1;
- these differences were also reflected in the Alt-M option (eliminating up to the highest 5 PEs and averaging the rest): Hi and Lo PEs of 31.9 & 17.6 (hem) vs 35.5 & 18.6 (ops)
- I downloaded both files again on 1-17 and the ops data was dated 1-16 while the hem data was 19 days old, as of 12-29
Armin Fields |
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Armin Fields
check out my SSG blog at
http://stock-analysis-with-ssg-and-pert-a.blogspot.com |
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Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral
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| 01/18/2007 10:20 PM |
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Posted By armin fields on 01/18/2007 7:41 PM
- I downloaded both files again on 1-17 and the ops data was dated 1-16 while the hem data was 19 days old, as of 12-29
As you can see from the notes on the Data page and main page of StockCentral, we're doing some technical work and the SSG data hasn't been updated since the end of the year. We should have it up and running, perhaps by even tomorrow.
Doug
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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Doris Raum
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| 01/18/2007 11:34 PM |
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When I try to open the AMMD.SSG it goes to Microsoft Word rather than to Toolkit. I have Toolkit 3. Could that be part of the problem?
Doris |
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/18/2007 11:59 PM |
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You can configure Toolkit 3 to automatically open SSG files. If you know how to set file associations, or would like to learn, I can provide some instructions.
But, for now I would suggest that you do this in two parts.
1. Right-click on the link to AMMD.SSG and select the option to save the file to your computer's hard drive. I would recommend that you save it to the Desktop.
2. Start up Toolkit 3. Then select File, Import and select the option that tells Toolkit to import the file from your computer. When the dialog box opens, navigate to the Desktop and select AMMD.SSG as the file to import. That should bring the data into Toolkit.
I hope that you'll forgive me if the instructions aren't exact. You may have to interpret some of the instructions, as it's been quite a few years since I have seen or used Toolkit 3. But, these instructions should be close to right. |
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Joe |
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James Selkirk
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| 01/20/2007 9:20 PM |
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I use Toolkit 3 as well (Win 98). I have no trouble with the SSG files, using the import function
File/Import Company/Other Data Files...
to import the SSG files
I generally try to save to the Toolkit3 directory rather than the desktop. Saving to the desktop seems to be the preferred method with newer versions of Windows.
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/20/2007 9:25 PM |
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>I
generally try to save to the Toolkit3 directory rather than the
desktop. Saving to the desktop seems to be the preferred method with
newer versions of Windows.
The important thing is to know where you save the files. Then it's easy to import.
You can also update this way.
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Joe |
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Suzanne Ridgway
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| 02/01/2007 4:14 PM |
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| Do you consider the downward trend of earnings in recent qtrs a product of the costs for Bio control, Solarent Medical and now Laserscope? The Pert A Graph with trailing 4 qtrs is fairly alarming. I would like to like this company but need to reconcile this earning trend. |
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Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral
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| 02/21/2007 12:23 PM |
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Posted By Suzanne Ridgway on 02/01/2007 4:14 PM
Do you consider the downward trend of earnings in recent qtrs a product of the costs for Bio control, Solarent Medical and now Laserscope? The Pert A Graph with trailing 4 qtrs is fairly alarming. I would like to like this company but need to reconcile this earning trend.
All of the recent acquisitions have clouded the picture for AMMD, so it's difficult to decipher the PTP trends right now. EPS for 2006 are flat from 2005, and the company only expects a marginal improvement in 2007. I'm going to wait for normalized results to be posted for 2006 and then I'll re-evaluate the company.
Doug
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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