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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (739)	9/3/1998 7:33:00 PM
From: Freedom Fighter	Respond to of 1722

Axel and Porc, >>Axel, don't blame me -- blame Wayne. He has the information somewhere. Wayne: Axel wants earnings projections that were made 25 years ago. Please get them for him. Thanks --'''':><< I'm not sure that anyone has that information exactly for the entire nifty 50. I was making an estimate based on Value Lines that I have from the late 70's that show the historical record back to the 60's. My guess again is that if nominal GDP was expected to grow at 6% (3% inflation and 3% growth), the nifty fifty in aggregate was expected to grow more rapidly and on a more certain basis than other companies. Call it 10% in aggregate. Individually, I have no idea. This is my best guess. Reynolds method was also very useful.