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Strategies & Market Trends : Professional Equity Analysis - the Pursuit of True Value

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To: Reginald Middleton who wrote (85)3/3/1997 7:41:00 AM
From: Arthur Tang   of 102
 
Thank you, Reginald

Earnings may include inventory revaluation, cash flow is cash coming in only. I am negative on write up of inventory even though the capitalisation of value added to the inventory is important. But, then all management consultants work differently. Is it a question of income tax on unsold goods?

Good luck to your post. Very nice. I myself have a lot of problems writing because of vagueness. We all can sound like Greenspan's Fedspeak. Especially, conclusions that I am familiar but others have no idea what I am talking about.
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