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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Boca_PETE who wrote (5302)5/31/1998 9:24:00 PM
From: kahunabear   of 42834
 
Pete,

Re:

"It's understandable that people not schooled in accounting could form false conclusions and expectations about the multitude of financial information disclosed in annual reports and SEC reports issued by companies. I guess that's why one needs to rely upon a good objective analyst at times."

I agree, that is one point I have been trying to make. I think it applies to the Income Statement as well as the Balance Sheet and the incorrect conclusions can be positive or negative.

Thanks,
WS
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