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Technology Stocks : WCOM
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To: Oeconomicus who wrote (11433)8/8/2002 9:09:14 PM
From: BWAC  Read Replies (1) of 11568
 
<conveniently overlooked the fact that they had to build up those reserves by overstating bad debt expense, understating earnings, in prior periods>

Details, details. I was waiting until somebody caught that.

It shouldn't be a surprise that more is being found. From what I can tell ratio wise the line cost expense misclassification went back many years. As in the ratio looked the same for 2002, 2001, 2000, 1999, 1998, etc.
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