Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (35294)	5/3/2002 12:15:31 PM
From: Berney	Read Replies (1) of 52237

Lee, Thanks for posting the highlights of the speech. I would note that I look at all the 10-Q's and 10-K's for the Big Boyz. I very silly hobby of mine. In the vast majority of the Big Boyz, the expensing of options is a non-issue. The real culprit is in a category called currency translation charges. For the uninformed, these multi-nationals book their revenues; however, when they convert it back to dollars, the losses they sustain (interesting how it is almost always losses) do not reduce the revenue they booked but are recorded directly against shareholders' equity. IMHO It is a Joke! Just a View from the Swamp Berney

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