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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Dan Duchardt who wrote (6094)	5/15/2002 6:00:00 PM
From: John Pitera	Read Replies (1) of 33421

Dan, you've asked an excellent question and there is a short answer, and a long answer, And I also am on the learning curve of this as is most everyone else. here is a similar question and my short answer. Tim Lamb, myself and a few others have been talking about aspects of this for months and months. Tim's always got great observations. here's that post Message 17469263 yes. Proforma earnings have only been used the past 7 or 8 years. employee stock options were not a significant balance sheet and income statement consideration prior to 10 years ago. The mark up of pension plan gains is also a newer phenomenon as well. If you really are interested in this I've posted 7 stories back to back on the topic in my market lab back in Feb. they were from the economist, the wall street journal forbes, etc. It's very comprehensive. you can find the first of the 7 posts on the post which you responded too. John EDIT: here is the first of the 7 consecutive articles on the ESOP controversy Message 17075272

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