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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Eric K. who wrote (123016)8/23/2000 11:37:42 PM
From: chic_hearne  Read Replies (2) | Respond to of 1579770
 
Re: In other words, although the actual items in the income statement are legitimate, the way things are broken down and accounted for to derive the final earnings number is deceitful, and since analysts are exceedingly lazy, they don't bother to analyze the way that the earnings number has been derived.

Eric,

I completely disagree with this statement. I highly doubt the ANALysts are that stupid that they can not see what's going on. I think wall street as a whole has just decided to let companies get away with this type of accounting.

chic