SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joseph Beltran who wrote (5103)7/8/1998 10:01:00 PM
From: don pagach  Read Replies (1) of 9980
 
Joseph,

OT

Are you looking at Debt(book value)/equity(book value)
or D(book value)/E(market value), since the Korean market has been battered the second would of course look pretty terrible. As for transperency you are right in comparison the US looks great, but look at the emphasis we put on earnings (article on the super-gung-ho-salesman in today's WSJ), earnings are incredibly managed today. Even Yahoo today, the company took a $44 million charge (basically the purchase price of a company it bought this quarter), instead of recording the assets and goodwill of the purchase and then amortizing those amounts over the future (which would of course hurt future earnings) Yahoo expensed the entire amount this qtr. So the revenues from this company will help future earnings but no expenses to match against, yeah Yahoo. Although this is no different then numerous other comp. See for example Brilloff's Barron's column on Disney's purchase of ABC-based on the acct. Disney didn't get hardly any net assets in the purchase.

Geez sorry for the diatribe, but acct. is getting worse and worse, Sunbeam is just one example. let's get back to asia.

P.S. :) - Have you noticed that Motorola has actually increased in price by about 10% since it directed second qtr. earnings down to -.01. The comp. then reported +.04 and everyone was jubilant....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News