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To: stan_hughes who wrote (186784)8/8/2002 7:05:32 PM
From: Roads End  Read Replies (1) | Respond to of 436258
 
WTF? >The earnings yield for the S&P 500 is currently 3.98 percent based on 2002 earnings estimates, and at 4.67 percent using the 2003 earnings estimates.< Doesn't that imply 2003 earnings are headed south? No way are dividend pay outs going to increase to that level.



To: stan_hughes who wrote (186784)8/8/2002 11:46:14 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Bonds are now equity and stocks are options... what does that make stock options??? Options on options... new VIX fair value is probably 40. :)

DAK


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