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Strategies & Market Trends : P&S and STO Death Blow's

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To: ajtj99 who wrote (4322)7/31/2002 10:01:33 AM
From: Boca_PETE  Read Replies (1) of 30712
 
ajtj99 - Will there be a follow-up government report with government statistical revisions to include corporate restatements announced subsequent to July 31st? If so, when will that be published?

At this point, it's hard to know how many more and the magnitude of blow-ups in previously reported results coming in the next few months, especially leading up to CEO sign-off day.

Then there's surprise write-downs of investments resulting from stock market declines to date like the huge Dynegy investment write-down announced yesterday by ChevronTexaco.

chevrontexaco.com

It's hard to know how many more of these bombs will explode this fall?

We live in interesting times.

P
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