You still don't get it. It is like Warren says, either you get it or you don't.
It is not that it is not favorable, it is that it is irrelevant.
GE's accounting, speaking as one who can read a balance sheet, is, to put it politely, convoluted. For them to pat themselves on the back for expensing options is playing "hide the weenie" with you and people who think this is relevant to even GE's accounting.
Did it ever occur to you how a 100 Billion dollar company like GE could exceed "analyists expectations" by exactly one penny, EVER SINGLE QUARTER for five straight years?????
That's one penny in every 100 billion dollars which is 10 trillion pennies. Think of the odds!!!!!
Hmmmmmmmmmmmmmmmmmmmmmm?????
Yeah, I know, when they got within 5 days of the quarter end they would send the extra business to Honeywell. :))
No one, by the way is criticizing you for not being able to read a balance sheet, but you would think that the mutual fund that invested your money or the merrill lynch that made 20 billion a year, would know how.
Those are the guys that should get the XXX sued out of them, but they are protected by "get out of jail free" cards, issued by your good buddies in Congress.
Ya think. |
