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Politics : Ask Michael Burke

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To: michael c. peterson who wrote (29065)6/15/1998 12:23:00 PM
From: Knighty Tin   of 132070
 
Mike, If the estimate goes down any more, they will have to raise their target price to $100. <G> This stuff is so absurd it is great low comedy.

I remember when TI introduced the hand calculator for $600. They made an increasing operating profit that year. I think it was 1972. <G>

Why would anyone want to have operating profit growth when they can run option, writeoff and buyback scams to make reported earnings look great? Or, in this case, not so awful.

MB

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