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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Mama Bear who wrote (3195)10/1/1998 9:43:00 AM
From: Gary M. Reed  Read Replies (2) of 4634
 
Barbara,

FYI, Bill, in one of his earlier rantings on the DTLN Yahoo board, claimed the reason the stock had no future was because advertising revenues had declined by $150,000. Now, if one looked at DTLN's income statement, one could easily see that ad revenues are a mere pittance in the "big picture." Yet Bill asserted that this was the reason it was going to single digits.

So yes, I question Bill's ability to read and comprehend an income statement. If you doubt this, scan through the DTLN Yahoo posts, you will see Bill's income statement faux pas.

Gary
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