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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (50712)	8/16/2001 3:48:02 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

How is volume today on the naz in this comeback phase?

To: Gottfried who wrote (50712)	8/16/2001 3:58:20 PM
From: BWAC	Respond to of 70976

<Nasdaq Companies' Losses Erase Five Years of Earnings By STEVE LIESMAN Staff Reporter of THE WALL STREET JOURNAL> Oh that's classic. We could spend the next week shooting holes in that article and discussing them. How does that stuff get in print?

To: Gottfried who wrote (50712)	8/16/2001 4:55:08 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

G., I think the Heard on the Street headline is quite misleading. If you read the last couple paragraphs of the column, it admits that most of the loss is a write-off of goodwill, a non cash charge. To imply that collectively the NASDAQ companies haven't made a penny in the past 5 years is somewhat disingenuous. 1. Equating goodwill writeoffs to cash earnings is illogical. [imo] 2. NASDAQ is the home for early stage, high growth companies. i.e. -- Those that are bringing innovations to market. Large investment relative to expected short term earnings is the norm on the Naz. 3. Buying established NYSE companies is no guarantee of success. e.g. - HWP, TXN, KO, MCD, ... FWIW, Ian