Last year, these monetary aggregates far overshot the upper bounds of their annual ranges
For the year through November, M2 was estimated to have grown at a rate in the upper half of the Committee's annual range
, and M3 at a rate a little above the top of its range.
We estimate that the partnership can sustain distribution-growth in the 8%-9% annual range
over the next few years.
This annual range
is below the $560 to $570 million 2005 estimate provided in the Company's aforementioned August 2, 2005 conference call.
Nonetheless, M2 was estimated to have grown for the year through October at a rate in the upper half of the Committee's annual range
The estimated range below is the annual range
(HT) (minimum and maximum).
Quarterly net income distribution for fiscal 2005 based on the midpoint of the range, Q1 to Q4, is targeted at 12%, 20%, 26% and 42% of the annual range
M3 also accelerated in May and June; and for the year through June, this aggregate grew at a rate well above the annual range
set in February.
Below the estimated range in the annual range
(HT) (minimum and maximum)
Sentiment toward this high flier is understandably bullish, with a Schaeffer's put/call open interest ratio (SOIR) in the fourth percentile of its annual range
, and very little short interest.
We don't need to exclusively seek out home run investments -- we can work with businesses that have the potential to be high growth and high return in the 18 -25 percent annual range
Indeed, M3 expanded at a 6 1/4 percent pace from the fourth quarter through June, slightly exceeding the upper bound of its revised annual range
Scope of quantity or scope: Virus: Estimated annual range
is 260-280 samples to be tested for the three viruses and a number of these samples tested for six viruses.
Quarterly revenue distribution for the remainder of fiscal 2004, Q2 to Q4, is targeted at 24%, 25%, 28% of the annual range
Expansion of M2 has been quite slow this year, leaving this aggregate near the lower end of its 1 percent to 5 percent annual range