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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Frank Pembleton who wrote (19929)6/17/2002 12:21:54 PM
From: AC Flyer  Read Replies (1) of 74559
 
>>if anything it just shows you how cooked the books really are<<

It's called managing earnings, Frank, and quite legitimate. If your operating earnings suck, then it's time to write off that obsolete inventory, capitalized R&D expense, dodgy goodwill, etc., etc., etc.

The little guy is about to get wrong-footed yet again.

>>I see you're at it again<<

What, exactly, am I at again, besides attempting to enlighten the ignorant?
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