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To: ynot who wrote (7218)11/8/1999 8:57:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
ynot:" sturm und drang "

>what does the ":" represent ?

Message 11748444

...the investor should be aware of and manage the ratio represented by the investment(s) on either side of the ":"

...in general, investment(s) on the right side of the ":" represent a "leverage" of the investment(s) "base" on the left side.

XON : SLB = CAPITAL : CAPITAL-EQUIP (typical)

INTC : AMAT

T : LU

DT : NOK

C : MWD

WMT : TWX

MRK : AMGN

>NOK+ERICY alternative to DT+TMX+NTT ?

...no; NOK+ERICY is a leveraging of DT+TMX+NTT, ynot.

in the expression...

GlobalTEL = DT + TMX + NTT : NOK + ALA

you should think of it as the ratio of...

GlobalTEL = TELEPHONE : TEL-EQUIP

and, without any other weights given, you should think of the weighting as...

GlobalTEL = DT + TMX + NTT : NOK + ALA = 60% : 40%

-Steve