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buck regulator circuit (Fig. 4.18). The transient model properly models the output ripple, propagation delay times, and cycle-by-cycle switching effects. The disadvantage to the transient models is the increased simulation time and the dif culty in simulating frequency domain characteristics such as phase-gain analysis and audio susceptibility.

MPEG-1

MPEG-1 was created to solve the transmission and storage challenges associated with relatively low-bandwidth situations, such as PC to CDROM or low bit rate data circuits. MPEG-2, on the other hand, was designed to address much more sophisticated transmission schemes in the 6 to 40 megabit per second range. This positions it to handle such applications as broadcast television and HDTV, as well as variable bit rate video delivered over packet, Ethernet, and Token Ring networks.

rates, lower earnings forecasts, inflation or deflation fears, or corporate governance or accounting scandals. Or the stock market could have fallen due to geopolitical concerns such as the 9/11 terrorist attacks, the war in Iraq, the perennial deterioration in Middle East relations, an economic and currency crisis in Argentina, or an improvement in Fidel Castro s health. The market downdraft may have pulled your stock with it, and there is nothing the company s management could have done to change the adverse stock price movement. Conversely, the return to stockholders may be very positive, even though the company had mediocre or poor operating performance. The stock market may have skyrocketed due to positive economic events like the settlement of a major labor strike, the confirmation of the death of Osama bin Laden, or reduced inflation fears. Poor company performance or a legal scandal may put a company into the takeover candidate category and the increase in price may be the result of a tender offer for the company s stock.

MPEG-2

TRAN1524: TO SHOW THE APPLICATION OF THE TRANSIENT SUBCIRCUIT .TRAN .2U 10M 5M .05U UIC ; Load Step .TRAN .2U 5M 0 .05U UIC ; Startup .PROBE .OPTION GMIN=1N ABSTOL=10U VNTOL=10U RELTOL=.01 ITL4=100 V(6)=SWITCH V(15)=OUT I(V1)=ISWICH V(9)=DRIVE V(14)=COMP .PRINT TRAN V(6) V(15) I(V1) V(9) .PRINT TRAN V(14) R1 2 0 3K C1 3 0 2.2N R2 5 4 10K V1 10 0 12 Q1 10 8 7 QN2222A R3 10 8 1K D1 7 8 DN4148 D2 0 6 SHD1352 L1 6 15 100U C2 15 11 220U

The original MPEG-1 standard was optimized for CD-ROM applications at 1.5 Mbps. Video, one of the applications that users wanted to place on CD, was strictly noninterlaced format (progressive scan). Unfortunately, today s television pattern is interlaced. This created a problem; luckily MPEG-2 handles the conversion well. MPEG-2 initially gained the attention of both the telephone and the cable television industries as the near-term facilitator of video-ondemand services. Today, it is widely used in DVD production because it has the ability to achieve high compression levels without loss of quality, as well as in cable television, DBS, and HDTV. MPEG-2 has also found a home in corporate videos and training products because of its ability to achieve CD-compatible compression levels.

What investment return should an investor expect from a diversified portfolio of common stocks As a proxy for the market, let s use the rate of return associated with the S&P 500 Index and compare its performance with the change in operating earnings per share associated with the stocks that comprise the S&P 500 Index. During the 70-year period from 1928 to 1997, the S&P 500 had a compound average return of 10.6 percent. In more recent years, stock return performance has gone from spectacular to abysmal. Look at Table 3-3. In calendar years 1997, 1998, and 1999, the total returns on the S&P 500 Index were 31 percent, 26.7 percent, and 19.5 percent respectively. But unless the companies are propelled by a similar percentage increase in profits or a general decrease in interest rates, general stock market performance that good can t last forever. It didn t the market turned, the bubble burst, and the stock market has experienced three years of negative numbers. The S&P 500 was down (10.1 percent) in 2000, (13 percent) in 2001, and (23.4 percent) in 2002. During the 1996 2002 period, overall stock market performance has been poor to anemic. Remember our discussion in Principle 5 about using compound average returns rather than simple averages The differences between the two are shown at the bottom of

MPEG-3

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