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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (9515)1/5/2000 6:45:00 AM
From: Wallace Rivers  Read Replies (2) | Respond to of 79150
 
Good morning, Jeff. Saw your post about S on the EBSC board. Yes, S did say that they will report significantly better earnings than anticipated. However, note that comp. store sales were actually down.
Also saw your post about inventories from EBSC's Q. Still trying to grasp what valuing them at LIFO vs. FIFO actually results in. At the risk of seeming ignorant, is this bad or good, as the inventory issue seems significant to me? What's your .02?
TIA,
Wallace