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To: Logain Ablar who wrote (122949)9/17/2001 4:34:42 PM
From: vampire  Read Replies (1) | Respond to of 436258
 
You are probably correct in that a load of companies will now have carte blanche to classify a lot of losses as "extraordinary" or "nonrecurrring"



To: Logain Ablar who wrote (122949)9/17/2001 4:44:23 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
Tim, thanx for pointing that out...still, the main conclusion remains the same, namely that stocks are in fact more expensive than they appear.