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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (74252)1/22/2000 3:25:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Earlie, Unfortunately, I have no hard proof. I just remember that they did something similar last quarter and the analysts were shocked. This time, I think it is old hat. I got my tipoff from Bill F's Thursday Rap and made an extrapolation on my own part that, since I couldn't find what happened to those cap gains anywhere else, that must be what they did again. Unfortunately, I think we will have to wait for the 10Q before this flim-flam is either proved or disproved, at least for journalistic purposes. However, you might want to check with Bill.

I have said it before and will say it again: when companies like Intel and Microsoft, even, play games with capital gains and mergers, it is very obvious what they are doing. But old Lou takes the entire 3 months to dream up new tricks that we just can't decipher in a few days. <g>



To: Earlie who wrote (74252)1/23/2000 10:56:00 AM
From: Bob Miller  Read Replies (2) | Respond to of 132070
 
This is an old story about how INTC, IBM and others hire
their accounting advisors.

Three applicants seek an open accounting position. The first is asked,"How much is 2 and 2". The bright young
CPA quickly answers, "4".

The second candidate is a bit more pensive, and goes into
a long discourse about needing more information as to
whether the questioner seeks addition, subtraction, division, or some other math operation. He is dismissed out
of hand.

The third chap looks around furtively and asks, "How much
do you want it to be?"

Guess who got the job.

Best wishes,

Bob