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Strategies & Market Trends : Sharck Soup
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To: Sharck who wrote (36600)10/17/2001 8:58:16 AM
From: velociraptor_  Read Replies (2) of 37746
 
Sharck...take a closer look at INTC earnings. They are DOWN 96% from the same quarter last year and DOWN 36% from the last quarter. Not quite the image of less deterioration. Don't be fooled by Pro Forma as they degree of abuse of this method of accounting has intensified. Companies earnings are rotting out from underneath and Wall Street as well as the media are hiding this by not focusing on what is really going on.
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