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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (55958)	5/9/2000 6:37:00 PM
From: superfiggpart2	Read Replies (3) \| Respond to of 122087

Funny how CSCO twist their #'s they exclude acquisiton losses in their statements but they add the revenue (because they want to maintain revenue growth)as part of the growth--- just your normal everyday number bending ZIXI --- revenue of 90 thou---- pity the long bagholders ---- any concrete research on XLA-- other than the everything is is shady about it

To: Anthony@Pacific who wrote (55958)	5/9/2000 7:03:00 PM
From: Dako	Respond to of 122087

The absurdity of using the earnings before these charges is that these tech companies are gladly willing to include all revenues and operating earnings provided by the companies they purchase. They just don't want to have to include the full costs associated in actually purchasing them. And Wall Street and the lambs don't question it. The next trend to look for is when the investments gains (on their portfolio of other companies and from the sale of put options on their own stock) that these companies have been including in earnings, suddenly start cutting rather than benefiting earnings. Then you'll see these companies begin to account for these losses separately, so as to not "taint" operating earnings. What a joke that will be, especially if the mullets out there accept that as well.