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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: thecalculator who wrote (88431)6/29/2002 1:38:57 AM
From: Smart_Money  Read Replies (1) of 99280
 
Your assuming the accounting is clean. What if the debt and cash are not reliable. I know it sounds outrageous to even think this but I personally think the cash equivalent and debt (off balance sheet and synthetic leases) are questionable on some books. A good question did WCOM or Enron fit the "bottom line value per share" prior to belly up.
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