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Strategies & Market Trends : News Links and Chart Links
SPXL 201.93-2.5%Nov 18 4:00 PM EST

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To: Les H who wrote (2464)8/10/2002 10:08:00 PM
From: Les H  Read Replies (1) of 29597
 
Skinning the bear

ragingbull.lycos.com

ISI Group calculates that among the first 65 companies that have signed off on their numbers, their share prices have slightly lagged the broad market return from the date of certification. "The 'market reward' for certification appears to be removal from the accounting watch list," say the ISI analysts, not higher share prices.

So, market-wide sighs of relief won't likely be filling Wall Street's sails come Thursday.

ragingbull.lycos.com
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