Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (24662)	8/19/2001 1:01:12 AM
From: westpacific	Read Replies (1) \| Respond to of 30051

JDSU now has a -$39 EPS, GLW -$4.79 - how time change, lets just hope people keep up with how earnings can quickly erode EPS. West

To: westpacific who wrote (24662)	8/19/2001 2:14:33 PM
From: Math Junkie	Respond to of 30051

*Re: "That the DOW doubled in 53 years from 1929 to 1982, meaning its average capital gain for more than half a century was less than 2% per year."* That statistic is measured from the peak of one market cycle to the bottom of another. The results are better if you use start and end points that are at comparable points in the cycle. For example, from the 1929 high to the 2000 high the Dow went up by a factor of 30.7, for an annual capital gain of about 5%. Adding in dividends would further improve the results. At today's inflated valuations the dividend yield on DIA is 1.4%, but dividend yield was probably higher for much of that 71-year period. The web page for the Dow Jones Industrial index shows annualized total return since inception of 15.8%. djindexes.com (Click on "Statistics")