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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (201098)10/30/2002 1:02:00 PM
From: LTK007  Read Replies (1) of 436258
 
<WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday asked for public comment on a new rule cracking down on "pro forma" profit reporting that strips out various costs to make the bottom line shine.>
What the hell does that mean? Reuters << Jay Leno just polled 10 people on his Jay-Walking show and they say "pro-forma sounds good to them.They apparently like that word 'Pro'", so SEC announced they are not going to change anything regards Pro-Forma reporting due to public sentiment against such action.>> Max
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