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Pastimes : Home on the range where the buffalo roam

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To: jhg_in_kc who wrote (12579)	4/12/2001 12:24:28 AM
From: mishedlo	Read Replies (2) of 13572

jhg - If that was a serious question (and you really think RIMM is a value) then you are silly. 11/12 of RIMM income was from investments. 1/12 of RIMM income was from operations. They actually lost money but report this crap as a gain of 11 cents. The SEC should crack down on this shit. There should be a uniform method of reporting, no hype allowed. MOT was the worst including one time gains as income but excluding one time losses on an "accounting change" This is pure bullsh*t. All this hype about revenues up, customers up (etc), is total garbage. If they want to post that crap, they should only be able to do so 5 days after earnings. RIMM valuation is such that $13,000 per customer to support their market cap. IS THAT REASONABLE? Give me a break.

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