Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Roebear who wrote (51591)	9/21/1999 11:15:00 PM
From: upanddown	Read Replies (2) of 95453

Roebear You were expecting a well-balanced report from our financial expert? Never a mention of CFRA's agenda....must be nice for a hedge fund operator to get the word from CFRA that a negative report on FGI will be released in 24 hours. There was no mention of FGI responses...just throw the whole crowd in jail. The biggest thing not mentioned is that "aggressive accounting" is a way of life in American business and is responsible for a nice chunk of corporate earnings. Hell, FGI is a piker next to MSFT with its $80B (thats billions!!) in unfunded employee option liabilities and the way they goose the bottom line by selling puts. John

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