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Strategies & Market Trends : Value Investing

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To: Ron Bower who wrote (2895)	12/30/1997 3:32:00 PM
From: Robert Graham	of 78666

Thankyou for your feedback. I am just relating here what I have been able to observe and learn for myself. I have not found a book yet that covers the "practical" aspects of evaluating a company's financial position, such as some of the issues that I have adressed in my previous post. Most books provide a "fomulistic" approach without providing any context to understand what is behind those figures and what the financials can reveal in terms of how the business is being run. I have found a couple worthwhile books that do cover detecting some of the "creative" accounting techniques that many companys appear to utilize in their financial reports, particularily the high-tech companies. Any accountants or auditors that can help me out here? Bob Graham

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