SI
SI
discoversearch

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 : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (383679)4/1/2003 4:06:23 PM
From: sea_biscuit  Read Replies (1) | Respond to of 769670
 
I regard the 'under-funded pension plan problem' as the major illness affecting the 'Fortune 500 style' companies... and the 'stock
option / stock watering' pyramid scam as the major problem over-hanging the Nasdaq companies.

BOTH financial frauds result in 'fictional' reported earnings.


That is a beautiful and succinct summary of the situation we're in. Very well put. I have saved your article and will pass it on to my friends. Thank you.

Regards.



To: DuckTapeSunroof who wrote (383679)4/1/2003 4:18:44 PM
From: Techplayer  Read Replies (1) | Respond to of 769670
 
Buddy, The rates of return have been coming down (IBM for example). When pension accounting and stock option accounting changes are implemented, the PE of the markets is going to skyrocket.

The other issue is that pension funds are apparently underfunded by 100-150 billion. that would have a positive effecto on the markets...