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Strategies & Market Trends : Value Investing

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To: steve susko who wrote (2074)10/2/1997 11:08:00 PM
From: Paul Senior   of 78665
 
Steve Susko: re: consumer finance co. Yes, the clue is management fraud which brought down one co. and took/is taking others with it. Apparently the market is finding also that earnings can be manipulated by altering the credit standards by which a company makes loans. Big surprise, eh?! Go back to this post to get some ideas maybe:

techstocks.com

ps. You ask the wrong question IMO. It's not why they went down, but when will any of them come back and if so, which ones? That question was definitively answered on another post... but I forgot where -gg-.

(Uh,I better qualify. If you're a newbie, that's supposed to be my idea of a joke...don't waste time looking for a post that doesn't exit.)
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