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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (67720)	4/21/2005 11:32:41 AM
From: rkral	Respond to of 77400

OT ... GVTucker, I believe it is customary -- and even convention in mathematics -- for the first decile to include the smallest (numeric) samples, and for the tenth decile to include the largest samples. The author(s) chose to make the highest decile represent the most overpriced for all three measures: earnings, book value, and dividend yield. But in doing so for dividend yield, they effectively reversed (inverted) the formula from D/P to P/D. Hence my earlier comment about price-to-dividend ratio. I think it would have made more sense to just say today's dividend yield is in the first decile. Ron