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Sometimes, over a span of many Years, a business will continue to grow, generating ever-increasing amounts of cash, repurchasing stock, paying increased dividends, reducing debt, opening new stores, expanding production facilities, moving into new markets, etc., while at the same tune its stock price remains stagnant (or even falls).When this happens, the average and professional investors alike tend to overlook the company because they become familiar with the trading range.Take, for example, Wal-Mart. Over the past five years, the retailing behemoth has grown sales by over 80%, profits by over 100%, and yet the stock price has fallen as much as 30% during that timeframe. Clearly, the valuation picture has changed. An investor that read the annual report back in 2000 or 2001 might have passed on the security, deeming it too expensive based on a metric such as the price to earnings ratio. Today, however, the equation is completely different--despite the stock price, WalMart is, in essence, trading at half its former price because each share is backed by a larger dividend, twice the earnings power, more stores, and a bigger infrastructure. Home Depot is in much the same boat, largely because some Wall Street analysts question how fast two of the world's largest companies can continueto grow before their sheer size slows them down to the rate of the general economy.Coca-Cola is another excellent example of this phenomenon. Ten years ago, in 1996, the stock traded between a range of $ 36.10 and $ 54.30 per share. At the time, it had reported earnings per share of $1.40 and paid a cash dividend of $ 0.50 per share. Corporate per share book value was $ 2.48.Last year, the stock traded within a range of $ 40.30 and $ 45.30 per share; squarely in the middle of the same area it had been nearly a decade prior! Yet, despite the stagnant stock price, the 2006 estimates Value Line Investment Survey estimates for earnings per share stand around $ 2.16 (a rise of 54%), the cash dividend has more than doubled to $1.20, book value is expected to have grown to $ 7.40 per share (a gain of nearly 300%), and the total number of shares outstanding (未偿付的,未完成的)has actually decreased from 2.481 billion to an estimated 2.355 billion due to the company's share repurchase program.16.This passage is probably a part of______.A.Find Hidden Value in the Market B.Become RicherC.Get Good Bargains D.Identify Good Companies17.The italicized word “stagnant” (line 4, Para. 1)can be best paraphrased as______.A.prominent B.terrible C.unchanged D.progressing18.Wal-Mart is now trading at a much lower price becauseA.it has stored a large quantity of goodsB.it has become financially more powerfulC.it has been eager to collect money to prevent bankruptcyD.it is a good way to compete with other retailing companies19.All the following are shared by Wal-Mart and Coco-Cola EXCEPT______.A.the cash dividend has increasedB.the earning power has become strongerC.both businesses have continued to growD.the stock price has greatly decreased20.According to the author, one had better______.A.buy more shares when the stock price falls downB.sell out the shares when the stock price falls downC.do some research on the value. of a business when its stock price falls downD.invest in the business when its stock price fails down

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Sleeping tablets are sometimes prescribed for a short period to get over a particular
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His pupils used to make him so angry that he sometimes threw books ____ them. A. over

His pupils used to make him so angry that he sometimes threw books ____ them.

A. over

B. to

C. on

D. at

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Sometimes it()over half the total time spent on a research problem.?

A.takes up

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Sometimes during banquets, snakes would glide over the tables and among the guests who _______ .

A.eat

B.have eaten

C.ate

D.were eating

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Sometimes courtesy calls () creatively changing the truth.

A.over

B.at

C.for

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第6题

Sometimes I act as a listening ear for fellow students ________ what is bothering them.

A.to talk vover

B.talked over

C.talk over

D.having talked over

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第7题

Which of the following about a computer virus is not true_____

A.It is a piece of software whose purpose it is to replicate

B.It is a program that gains control over its host in various ways

C.It all contains code that won't be activated without a trigger mechanism

D.It sometimes attaches to a file

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摇滚乐手有时能每年挣到好几百万美元的收入。你能用经济租来解释这一大笔收入吗?Rock musicians sometimes earn over $ 1 million per year. Can you explain this large income in terms of economic rent?

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第9题

This is my timetable. I study at No.3 Middle School of Dongfang. From Monday to Friday
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In the afternoon, we have two classes. Classes are over at 3:30, and I get home at 4:00. But sometimes I don't ___4___ school so early because I play basketball on the playground. I have supper at about 6:00. After supper I do my homework. I often watch TV, but sometimes I ___5___ to do some reading and the story books are very interesting. I usually go to bed at about 10:00 p.m.

1、A、leave

B、at

C、like

D、breakfast

E、start

2、A、leave

B、at

C、like

D、breakfast

E、start

3、A、leave

B、at

C、like

D、breakfast

E、start

4、A、leave

B、at

C、like

D、breakfast

E、start

5、A、leave

B、at

C、like

D、breakfast

E、start

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第10题

Tornadoes, whirlwinds, and watersprouts are rotating funnel cloud air masses of small diam
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How are tornadoes distinguished from whirlwinds?

A.Whirlwinds rotate in a different direction than tornadoes do.

B.Tornadoes travel over land and whirlwinds over water.

C.Tornadoes are larger than whirlwinds.

D.Only tornadoes are funnel-shaped.

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第11题

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The family members live together for many reasons. They may help to bring up children or to take care of an ill relative. They may also help with saving money. Sometimes children are brought up by their grandparents, for their parents have died or can never take care of them. Many grandparents look after the children, particularly when both parents are busy working.This large family is called extended family.It can be found all over the world. The number of these families has increased by 40 percent in the past ten years. Most of such families live happily together.(判断)

l.In an extended family, people live in different houses.

2.An extend family includes at least three generations.

3.In an extended family, chi ldren are looked after by their grandparents because their parentsare traveling around.

4.Extended families can be found all over the world.

5.Children can live happily with their parents and grandparents.

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