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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (6088)5/14/2002 10:50:30 AM
From: Logain Ablar  Read Replies (2) of 33421
 
Hi John:

On the S&P I think they will confluse the process. Its like they are trying to set the standard as to determine earnings.

Last I checked it was FASB and the SEC who did this (and of course various companies with different versions of pro forma or ebidta).

From an accounting perspective I disagree with S&P, not that the FASB footnote method is any great shakes.

Tim
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