SI
SI
discoversearch

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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (26396)2/2/2002 11:31:23 PM
From: Les H  Respond to of 99280
 
You also can't use the First Call EPS estimates which are pro forma crap and then claim the earnings are temporarily depressed. You have to add back in the nonrecurring recurring expenses that are deducted temporarily each quarter. Considering that the dividend yield, the earnings yield, and the treasury bill yield are all trading below the inflation rate, you have negative real yields across the board without even considering risk.