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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (4919)	1/25/2002 5:26:42 PM
From: Frederick Langford	of 5893

It's amazing. I surely wouldn't want to hold any Tech stocks when they require companies to use only GAAP earnings. Personally, I think that either they will require GAAP and do away with pro forma all together, or analysts will be compelled to evaluate stocks using GAAP earnings <generally accepted accounting practices> for their ratings Look what I found when I was doing DD on PMCS: The net loss in the fourth quarter of 2001 under Generally Accepted Accounting Principles (GAAP) was $308.0 million or a net loss per share of $1.82. This compares with a net loss of $34.5 million in the third quarter of 2001 or a net loss per share of $0.20. No way Goldman didn't upgrade this one to dump shares at higher prices. These guys never change. If I know this, so do they.... Jeez, AMZN made a penny using GAAP and PMCS LOST a BUCK EIGHTY TWO Fred

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