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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (16472)3/24/2002 2:50:37 PM
From: torquatus  Read Replies (1) | Respond to of 18998
 
Speaking of Loeb, what are the chances his position in Stillwell SV is one half of a stub: short DST, long SV, creating a $14 stub out of the stake in Janus/Berger? Not that He has any respect for the morons who destroyed about a $100 billion in their client's capital.



To: Mr. Pink who wrote (16472)3/26/2002 11:55:16 AM
From: Ben Wa  Read Replies (1) | Respond to of 18998
 
fortune cookie suggests that INGR will become very interesting for people who like interesting things.



To: Mr. Pink who wrote (16472)3/27/2002 4:13:46 AM
From: Mad2  Respond to of 18998
 
Something benificial might actually occur due to Enron
mad2
biz.yahoo.com
PRESSURE MOUNTS FOR EARNINGS

Greenspan also pointed a finger at securities analysts for being ``overly optimistic'' in their earnings projections, saying the persistent bias is likely due to firms promoting analysts with an ``optimistic inclination,'' particularly when those brokerages underwrite securities for a company.

Efforts to further disclose how brokerage firms rate company stocks would diminish the upward bias of earnings projections ``because investment firms are too well aware that security analysis without credibility has no market value,'' the Fed chairman said.

As for stock options, Greenspan said Fed studies have shown that unexpensed option grants for employee compensation added 2.5 percentage points to annual growth in earnings of larger corporations between 1995 and 2000.

``The current accounting for options has created some perverse effects on the quality of corporate disclosures'' that is complicating efforts to evaluate earnings, Greenspan said.

``This was one of the strongest statements from a person in that high of a position about expensing options,'' said Tom Cooley, a professor of economics at New York University.

``It was an important attempt to stimulate policy discussion about how to respond to the loss of confidence in the current system,'' he said.



To: Mr. Pink who wrote (16472)3/27/2002 12:34:25 PM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
I wonder if his holiness could guess when SEI might release their q4 results.

Is not Monday the last day for the 10-K?

Your most humble of servants,

TRIIBoy