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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (10733)	12/22/2002 10:55:30 AM
From: stockman_scott	Read Replies (2) \| Respond to of 89467

'Stocks are Undervalued'... [NewsLetter update from Barron's Online] Channel Trend 5307 E. Mockingbird Lane, Suite 418 Dallas, Texas 75206 (Tel) (214) 818-0920 (Toll Free) (800) 527-7736 tilton@anet.com www.channeltrend.com STOCKS REMAIN UNDERVALUED, and much of this is very likely caused by the inability of profits to recover at a pace that exceeds expectations. In fact, stocks are likely to remain undervalued, at least to some degree, until earnings growth exceeds expectations and earnings forecasts are raised in response. My valuation model estimates that the S&P 500 Index is undervalued by 17.8%. This magnitude of undervaluation is sufficiently great to provide some support for stock prices and to make stocks the preferred asset class for long-term investors looking out three to five years. -- Jack Tilton