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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (2315)	7/18/2001 4:49:00 PM
From: Jorj X Mckie	Respond to of 10077

bout effing time that the storage networking plays got spanked... I almost bought Sugar Coated KKD Poots today, but I looked at the short interest and then my broker (Merrill) said that ML has Raised their KKDonut earnings estimate.

To: Stoctrash who wrote (2315)	7/18/2001 4:50:40 PM
From: AugustWest	Read Replies (2) \| Respond to of 10077

If the rest of the world is insane and we are sane, does that make us crazy?????

To: Stoctrash who wrote (2315)	7/18/2001 5:02:24 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 10077

Accounting (earnings) scams? What are those? (more good stuff from the Market Lab) econserv2.bess.tcd.ie It has been argued that the use of dividends in this calculation does not accurately reflect the simple efficient market model. These theorists claim that the price should be the discounted present value of expected future earnings. Shiller claims that earnings are only relevant to the share price insofar as earnings are indicators of future dividends. He says that earnings are, in reality, only an accounting concept and, as has been proved, can thus be easily manipulated to reflect whatever the accountant wants to show about a particular stock. Earnings bear no relationship to revenue which is what the average investor is concerned with.