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To: stomper who wrote (184924)7/31/2002 7:52:46 AM
From: DebtBomb  Read Replies (1) | Respond to of 436258
 
Load da boat, ho ho ho. * 07:44 ET Goldman Sachs raises global equity weighting : Goldman Sachs raises their global equity weighting to 65% from 60%, saying that global equities are very attractively valued relative to bonds; believes that the sectors most likely to lead the mkt turnaround are the higher-beta casualties of the downturn: technology, telecoms, and insurance.



To: stomper who wrote (184924)7/31/2002 9:26:25 AM
From: Les H  Read Replies (3) | Respond to of 436258
 
Expensing stock options would be bullish according to the fund guy who was on CNBC. Earnings for 2002 would be lowered 10 pct, but the previous years' earnings would take a much bigger hit. He said that means we're underpaying for all this earnings growth.



To: stomper who wrote (184924)7/31/2002 10:37:36 AM
From: Mike M2  Respond to of 436258
 
Stomper, Andrew Smithers published a study of the impact of esops on the S&P 500 in 1998/9 ? . Forbes published a story soon after - Wall St did not care -too many sheep to shear. Dr. Richebacher was talking about esop distortions back in 1997/8 - I can't recall. Do a Smithers search in Forbes you should be able to find it. Next Wall St will come out with studies that there is excess capacity in TeleCON - gee thanks for the warning. mike