The liquid drop model (LDM) expansions of energy and incompressibility of f
inite nuclei are studied in an analytical model using Skyrme-like effective
interactions to examine, whether such expansions provide an unambiguous wa
y to go from finite nuclei to nuclear matter, and thereby can yield the sat
uration properties of the latter, from nuclear masses. We show that the ene
rgy expansion is not unique in the sense that, its coefficients do not nece
ssarily correspond to the ground state of nuclear matter and hence, the mas
s formulas based on it are not equipped to yield saturation properties. The
defect is attributed to its use of liquid drop without any reference to pa
rticles as its basis, which is classical in nature. It does not possess an
essential property of an interacting many-fermion system namely, the single
particle property, in particular the Fermi state. It is shown that, the de
fect is repaired in the infinite nuclear matter model by the use of general
ized Hugenholtz-Van Hove theorem of many-body theory. So this model uses in
finite nuclear matter with well defined quantum mechanical attributes for i
ts basis. The resulting expansion has the coefficients which are at the gro
und state of nuclear matter. Thus a well defined path from finite nuclei to
nuclear matter is found out. Then using this model, the saturation density
0.1620 fm(-3) and binding energy per nucleon of nuclear matter 16.108 MeV
are determined from the masses of all known nuclei. The corresponding radiu
s constant r(0) equal to 1.138 fm thus determined, agrees quite well with t
hat obtained from electron scattering data, leading to the resolution of th
e so-called 'r(0)-paradox'. Finally a well defined and stable value of 288
+/- 20 MeV for the incompressibility of nuclear matter K-infinity is extrac
ted from the same set of masses and a nuclear equation of state is thus obt
ained. (C) 1999 Elsevier Science B.V. All rights reserved.