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Strategies & Market Trends : Roger's 1998 Short Picks

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To: chalu2 who wrote (18408)8/30/1999 9:37:00 AM
From: Marconi  Read Replies (1) of 18691
 
Hello Chalu2: BFT
I am watching Bally Fitness--their profits swing far more on their accounting assumptions. They seem to burn through cash. They are near a new annual high. BFT goes in my fishy suspect category. I do not see any clearly misaccounting methods used. Their reporting of accounting profits while burning through cash has to have an effect some day.
Best regards,
m
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