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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
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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
twat sc.. Ow wail II OM fl ea...try • ily• •riall I SWOP WAW Sow: MAW Sow!. MAW Ufa. Unswwwww erWe HAW O.ae. wwlw.nSa MM. Cotownwin Ile. W Conflownnus Wait IC LAW intl., If LW! SIMI Leal SZSAW CL”)) Connmven in • i•e•srtio leM)Coffintwqr...thibnik. Il 23)Coesionar•ba Waal Uniomnaws WWI )
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
twat sc.. Ow wail II OM fl ea...try • ily• •riall I SWOP WAW Sow: MAW Sow!. MAW Ufa. Unswwwww erWe HAW O.ae. wwlw.nSa MM. Cotownwin Ile. W Conflownnus Wait IC LAW intl., If LW! SIMI Leal SZSAW CL”)) Connmven in • i•e•srtio leM)Coffintwqr...thibnik. Il 23)Coesionar•ba Waal Uniomnaws WWI )
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