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Politics : Ask Michael Burke
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To: James H who wrote (78952)4/3/2000 8:32:00 PM
From: Knighty Tin  Read Replies (3) of 132070
 
James, All I can say is that Ray Dirks has had their number for a long time. He tried to warn the brain dead analysts on Wall Street, but what's the point?

Anyway, I suspect there is more pain to come. This is not a co. It is an accounting game. Unfortunately, in all of these accounting games where you borrow big and take cap gains to pad income, the fall is deeper than the rise was steep. I believe they will survive, but you never know. I've seen others in similar lines go belly up.
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