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.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Clarksterh who wrote (121281)	7/3/2002 5:17:05 PM
From: quartersawyer	Respond to of 152472

Clark-- Yardeni acknowledges the reality of the S&P recommendations, but doubts their near term use either by the corporations or the analysts. As a practical matter he continues use of the existing measures, but has lowered his equity allocation as a result of the Worldcom exposures in recognition of investors' and analysts increasing ....etc etc. He reckons that "last year S&P operating earnings were $45./share while reported earnings were $25. Investors chose to use the higher number. If tyhey had used the lower one, the S&P index might have been down 50% last year instead of 13%." Yardeni's no blowhard, and as smart as any.