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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (14731)	7/12/2001 11:30:09 PM
From: Kirk ©	Read Replies (3) \| Respond to of 42834

me thinks you just make a lot of noise like a good bear should. msft did not put investment INCOME in the first line of earlier earnings statements as the number was not the largest item on the balance sheet. This quarter... it is VERY significant so it gets higher billing. what do I care about people that don't know what they are doing when they look at a balance sheet? Las Vegas and Reno Nevada are full of idiots that think they'll get rich and that the lights, cheap buffets and cheap hotel rooms are not there to entice them to gamble. I go to Reno often for the "benefits" and ski at Mt Rose and don't gamble. What a deal! I LIKE dumb folks. 8) msft is the wrong tree to bark up... they are very conservative. The real accounting tricks was in internet companies selling each other advertising and booking it as revenue. They got huge growth and no cash exchanging hands. Heck, I could sell YOU $1M in advertising for your website and then you could sell me $1M in advertising for MY web site and then we BOTH book $1M in revenue. Investors see $2M in total revenue booked for the two companies. Merge em and you discover there was zero revenue! The people that ought to be hung are the analysts that talk about revenue increases for inut companies that didnt' point that out. K