SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (15820)11/18/2002 2:00:49 PM
From: Bob Rudd   of 78702
 
Jim asks<<What do you mean by "smoothed" and "unsmoothed" pension liability on the balance sheet>>Essentially "smoothed" reflects pension assets being valued using an averaging method to determine values, "unsmoothed" reflects using market values
this article gets at it: soa.org
I suspect the book McSweet is referring to is "The Analysis and Use of Financial Statements" 2nd Ed., Chapter 12.
Here's an article on Pension issues that lists companies that might be in for a whack: 10/30/02 WHO'S BEEN PLAYING STUPID PENSION TRICKS? moneycentral.msn.com
I put the companies in the article into yahoo lists - Potential shorts:
Companies with largest percentage of income from pensions, past 3 years 321%=>50% descending
quote.yahoo.com

Large companies with the most underfunded pension plans, past three years 9%=>5% descending
quote.yahoo.com

Smaller firms with most underfunded pension plans, past 3 years 21%=>8% descending
quote.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext