Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sam_o who wrote (14731)	8/12/2001 11:07:56 PM
From: Berney	Respond to of 52237

Amen!!! As a green eye shade, bean counter, I've got enough problems trying to figure out if GAAP is reasonable. That CSCO inventory looked like an asset and then it wasn't. Chambers made such a big deal about all that cash on the balance sheet. Well, I'll buy it when they commit their corporate funds to buying it and stop the dilution. If they aren't willing to buy back their shares at these low prices why should anyone else? Clearly, they and other companies are looking at rule number one: accountants get you to look at the wrong thing; no company has ever gone out of business because they have a negative bottom line -- they go out of business for one reason and one reason only -- they run out of cash. We will probably evolve to a new measurement of company performance based upon cash earnings per share. Berney