Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: energyplay who wrote (25351)	1/15/2003 4:11:30 PM
From: t4texas	Read Replies (1) of 36161

sec on pro forma -- looks like fnm got tubed. i saw on tv that the sec has gone ahead with the ruling (i think 5 to zero in favor) that pro forma is fine as long as the company states specifically how "their" pro forma differs from gaap reporting. good. great. this will certainly hasten gaap reporting as the favored method for earnings.

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