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Strategies & Market Trends : Three Amigos Stock Thread

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To: milesofstyles who wrote (7208)7/26/1998 10:34:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Yes Miles, I do agree with you that falsifying information such as the value of furniture can not be found by reading the balance sheet. There is a wide area of credibility allowed in applying a value to a desk inherited by acquiring a Co. The new accounting will place a value on that desk and carry it forward into future reports. It does allow room for manipulation.

Sergio

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