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Gold/Mining/Energy : Mirant Corporation (MIR)
MIR 27.37+1.9%3:59 PM EST

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To: Spekulatius who wrote (601)7/8/2002 6:55:10 AM
From: KyrosL  Read Replies (1) of 903
 
I agree with you and will go a bit further: "revenue enhancing" tricks such as the wash sales of energy companies and Merck's reporting actually produce inferior income statements, by lowering reported profit margins. Ironically, one of the reasons Merck separated from Merck Medco was the low margins at Merck Medco.

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Kyros
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