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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (215067)	1/16/2003 2:57:15 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 436258

<< Certainly, if one or both were to drop a "clanger" tonight, then tomorrow could be rough.>> That's one thing about you Canadians. You've got such a positive outlook on life. -g- Ah, earlie, ever the hopeful one.

To: Earlie who wrote (215067)	1/16/2003 2:58:27 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 436258

both biggies should get a nice investment-gains kicker from the oct-dec ramporama.

To: Earlie who wrote (215067)	1/16/2003 3:06:22 PM
From: Tommaso	Read Replies (2) \| Respond to of 436258

The long and the short of it (today) hee-hee: finance.yahoo.com

To: Earlie who wrote (215067)	1/16/2003 3:21:43 PM
From: Broken_Clock	Respond to of 436258

<< hence it would be more than imprudent to expect that the actual deterioration occurring in the company's business might just start bulging out from behind the curtain.>> I think Greenie calls this an "irrational protruderance"

To: Earlie who wrote (215067)	1/16/2003 4:11:12 PM
From: Mike M2	Respond to of 436258

E, I think you underestimate the depth of the delusion on Wall St. -g- mike

To: Earlie who wrote (215067)	1/16/2003 4:34:10 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

LNC - From PCIG on the FOOL tinyurl.com From VL in October: Tumbling equity markets are taking a toll on Lincoln's earnings. In August, the company issued a report detailing the estimated effect of equity market volatility on the insurer's operating income. Price changes of the equity markets have different impacts on different company units, and also vary according to the extent to which they affect current-quarter or coming-quarter earnings. However, indications are that the roughly 25% and 45% declines by the broad markets year to date and since the 2000 market peak have hurt annual earnings by approximately $1.55 and $0.85 a share, respectively. These factors, as well as the market's nearly 20% decline over the past three months, are the primary drivers behind our $0.60- and $0.65-a-share reductions of Lincoln's 2002 and 2003 earnings estimates, respectively, since our July report. The high correlation between the company's earnings and its stock price movements is partially due to last year's divestiture of the reinsurance business. The move resulted in Lincoln's sharply lower premium income this year, and was one the company's final touches on an evolution from a multiline insurer to a financial services company providing products and services focused on wealth accumulation and protection. Although the transaction removed an otherwise more volatile and unpredictable group, it did heighten Lincoln's exposure to stock-market volatility. Proceeds from the $2 billion sale have left the company in a strong financial condition, with which it will likely pursue acquisition targets complementary to its other financial services units, and/or repurchase shares of its own stock.