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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Terry Whitman who wrote (34891)4/26/2002 10:14:44 AM
From: Paul Shread  Read Replies (1) of 52237
 
Interesting screen indeed. FWIW, one earnings season last year, I think it was July, I took a look at GAAP versus pro forma in various high-flyers, and three names stood out because they had starkly different accounting approaches (they also reported at roughly the same time, so I lumped them togther in my mind).

GOTO (now OVER) reported on a GAAP basis and was closing in on profitability; it's probably up 30% since last summer.

HOMS and VRSN relied heavily on pro forma to cover massive red ink, and both have fallen 80-90% since then.

Wish I'd remembered that when Enron blew up. -g-
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