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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Michael Watkins who wrote (39440)2/8/2000 6:37:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Michael another issue that some how the market is ignoring Q 1999 was shorter than Q 2000 by 6 days or 7%.

So for fairness in reporting sales should be 7% lower for comparison or 4,045. As to earnings the same should apply which will result in 0.231 and not 0.25.

This will include all the other accounting gimmicks which will wipe out all the earnings.

BWDIK
Haim
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