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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: stomper who wrote (141090)	12/31/2001 6:40:04 PM
From: John	Read Replies (1) of 436258

The notion of "pro forma" reporting is fairly outrageous. Imagine yourself going through LIFE, and every time an unfortunate or bad event in your LIFE transpires, you simply discount it. This would result in your LIFE being viewed as perpetual peaches and cream, no matter what happens, correct? Businesses running around and espousing, "if we forget about all the bad things, everything is just peachy," which is essentially what pro forma results assert, is preposterous. "Oh, a motorist hit me and broke my arm! However, if I discount this event, and look at it from a pro forma perspective, my arm is actually as good as ever!" or... "A tornado hit my home and destroyed 90% of my material possessions. But considering the damage from a pro forma standpoint, my home is in excellent condition after all." The entire concept is silly. LIFE must be considered in the aggregate; good AND bad. The same concept should apply to businesses, because bad events are a definite part of life. John

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