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Pastimes : LIST of COs. WITH HIGHLY QUESTIONABLE ACCTG. PRACTICES -- Ignore unavailable to you. Want to Upgrade?

To: Paul Berliner who wrote (54)	8/31/2001 10:52:53 AM
From: Paul Berliner	Read Replies (1) \| Respond to of 59

COCO BLOWUP FINALLY! I was negative on the co for the roll-up nature and the way they book and recognize tuition rev and student notes rcvbl. I am running out of bookcookers. My top picks right now to blow up are VRSN, ICPT, XRAY, PDCO, OPMR, EXBD and of course still BBOX. COCO blew up cause co had beat and raised since going public and now their tricks have caught up with them - as they reported inline and lowered. Big disappointment for their holders. Corinthian Colleges Shares Fall on Lower 1st-Quarter Forecast By Judy Fettner Santa Ana, California, Aug. 31 (Bloomberg) -- Corinthian Colleges Inc. shares fell as much as 19 percent after the operator of private colleges forecast first-quarter earnings at the low end of analyst expectations. Corinthian shares fell $10.12 to $42.73 in early trading. They fell as low as $42.70. The Santa Ana, California-based company said yesterday in a press release distributed by PR Newswire that first-quarter earnings will be 25 cents to 28 cents a share. It's expected to earn 28 cents, according to a Thomson Financial/First Call poll of three analysts. Corinthian said net income rose to $7.58 million, or 34 cents a share, from $4.53 million, or 22 cents, a year earlier. Revenue in the period ended June 30 rose 44 percent to $66.4 million from $46 million. The company offers programs in subjects such as business, court reporting and accounting at Corinthian Schools, Rhodes Colleges and Florida Metropolitan University. The company operates in 20 states including New York, Michigan and Texas. Corinthian was expected to earn 33 cents, the average estimate of five analysts polled by First Call.