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In those days, companies without earnings were assessed with measurements like "eyeballs," the number of people who visited a site; "stickiness," how long they visited; and even "mindshare," how aware the public was of the company or category.
Still, no one is expecting a return to the wild markets of 1999 and early 2000, when technology stocks without earnings -- and sometimes without revenue -- would double in a few days and rise tenfold in months.
Price/sales ratios are more realistic than P/E ratios, because even companies without earnings can have sales.
Similar(54)
Companies have reduced the payout ratio without growing earnings sufficiently to compensate.
Without migrant earnings, critics say, the state's luster could not be sustained.
"And stocks are having a tough time holding those levels without strong earnings to support them".
In April, he said, "techs lifted sharply without much earnings justification".
Analysts also said investors were reluctant to make any big commitments without more earnings information.
Without them, earnings would have been 54 cents a share, a penny less than the average of analysts' forecast.
And without steady earnings from foreign subsidiaries, it may take companies considerably longer to overcome the slump.
Bond market investors are dubious that Mr. Parsons can extricate AOL from its predicament without lowering earnings or increasing debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com