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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pvz who wrote (35757)5/9/2002 11:31:14 PM
From: Vitas  Respond to of 52237
 
bonds were down Wednesday so the interest rate sensitive issues were down, skewing the a-d stats

S&P 500 issues were up 418 down 81



To: pvz who wrote (35757)5/13/2002 12:23:58 PM
From: John Pitera  Read Replies (1) | Respond to of 52237
 
It's going to be interesting if the recalculating of operating earnings boosts the SPX's PE up to 30 for year 2002 operating earnings.

11:30AM S&P to announce new standards for calculating earnings -- WSJ : According to a story in this morning's Wall Street Journal, Standard & Poors is expected tomorrow to announce new standards for calculating operating results. The most controversial of S&Ps new standards would treat employee stock options as a quarterly expense against earnings. Using the definition of core earnings that S&P has just developed, the P/E of the S&P 500 would rise to 30x estimated 2002 earnings vs 22x under the old method.