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: Berney who wrote (37493)	6/26/2002 11:53:20 PM
From: Square_Dealings	Read Replies (1) of 52237

Earnings are declining and will continue to for some time. Accounting for stock options hasnt even begun and the amortization of goodwill is not a one time event. 40x Earnings is too high and like I said the earnings are bogus. How many quarters have companies "beat by a penny"? The beat by a penny crap is total accounting fraud. The 73 year average for the SP is 15x earnings. Sorry we're still in the bubble. LMAO M.

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