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lower the discounts. o Companies with higher earnings have lower discounts. 17 From 'Discounts Involved in Purchases of Common Stock (1966-1969), "Institutional Investor Study Report of the Securities and Exchange Commission, MEL Doc. No. 64, Part 5, 92nd Congress, ist Session, 1971, pp. 2444-2456. CONFIDENTIAL I WTAS LLC 93 E
0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtrunne flN.- i s. bomt 54.mmem /1011•481•1144. LTM Fbel Ter Eatm Mat.31.211•9 M.n11.2010 044.31.6411
lower the discounts. o Companies with higher earnings have lower discounts. 17 From 'Discounts Involved in Purchases of Common Stock (1966-1969), "Institutional Investor Study Report of the Securities and Exchange Commission, MEL Doc. No. 64, Part 5, 92nd Congress, ist Session, 1971, pp. 2444-2456. CONFIDENTIAL I WTAS LLC 93 E
0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtrunne flN.- i s. bomt 54.mmem /1011•481•1144. LTM Fbel Ter Eatm Mat.31.211•9 M.n11.2010 044.31.6411
lower the discounts. o Companies with higher earnings have lower discounts. 17 From 'Discounts Involved in Purchases of Common Stock (1966-1969), "Institutional Investor Study Report of the Securities and Exchange Commission, MEL Doc. No. 64, Part 5, 92nd Congress, ist Session, 1971, pp. 2444-2456. CONFIDENTIAL I WTAS LLC 93 E
0:10.70578 >ram, Chweitidermbaness Cannillaa6 Mint. ui Aula Carennw Inextkolxf ruwe r .(ltunen AWn cortmna Eir1 d alom& Muil" 07070R8 19480,48n Ctraut.Mc00001M04,100406u.nsecttnuxe »J »SR 'amtrunne flN.- i s. bomt 54.mmem /1011•481•1144. LTM Fbel Ter Eatm Mat.31.211•9 M.n11.2010 044.31.6411
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