US economy turning?

Christian Gregory christian11 at mindspring.com
Sat Jan 5 09:44:08 PST 2002



> Doug Henwood wrote:
>
> >Stocks are priced for a recovery in profitability
>

By the way, what is the formula for figuring how how the price of a stock predicts or anticipates profits--I mean, in real number terms? How is the price or market capitalization related to earnings expectations?

Christian



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