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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (63124)	9/20/1999 8:58:00 PM
From: MythMan	Read Replies (1) \| Respond to of 86076

IU/UK more noted as a hoops matchup -g- Here is hoping Dallas loses tonight...just because Deion showed up in an Orange outfit ho ho ho

To: bill meehan who wrote (63124)	9/20/1999 11:40:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 86076

Bill you missed this one for CNBS. Read the article in today's WSJ page C1 "How Pension Surpluses Lift Earnings" I was making this statement for close of a year now and posted this fact on The Chicken page for several months. Now it is "formal" <G> Interestingly my beloved Lucent is mentioned there which overstated operating income by only a meager 17.5%. Not accounting for those accounting tricks LU actual operating income is 15% less. And surprise surprise on the SPX 500 pension plans surpluses added around 3% in earnings for 1998. Now add the 3% A.G. option claim and over 3 years we wipe out all earnings for the next 2 years. Will the SEC force them to restate TRUE EARNINGS?? Wonder how nobody on this tread posted it. Haim