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Strategies & Market Trends : Value Investing
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To: Don Earl who wrote (13947)2/19/2002 10:45:51 AM
From: Bob Rudd  Read Replies (1) of 78666
 
Don Earl: <<What it basically comes down to is very large operating expenses are not being expensed at the rate they are incurred.>>This appears well confirmed by this comment: "TSC: According to a survey you discuss in your book, when public companies manage their earnings, nearly half the time they do it through the timing of when they recognize expenses. Nearly 20% of the time, it's through revenue recognition." From thestreet.com
If you have or come across articles confirming your position on SAB 101, please post a link. It's an interesting hypothesis.
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