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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (65167)2/6/2001 4:59:25 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<Looks to me like next Q could be a disaster.>>

Yep. The problem with torturing the balance sheet is that when you finally run out of rope (as witnessed by the earnings miss), it means that the "bank account" is fully depleted, and subsequent quarters then reflect reality. With a steadily declining operating income, they will be hard pressed to show any improvement for the forseeable future. The only remaining question is: When do the clowns realize they're trapped? I think soon, very soon...
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