SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (20595)6/30/2002 3:29:05 AM
From: EL KABONG!!!  Read Replies (1) | Respond to of 74559
 
marek_wojna,

Ack! The Globe and Mail... I never thought to look there. I had searched the major press wires, the WSJ press library, etc... But the Globe and Mail never entered my mind. It should have though. My bad...

Hmmm... In looking at what the author (Taylor) wrote about Bombardier, it doesn't sound illegal or otherwise inflating to earnings. At worst, it might be deceptive to those among us who use cash flow as a measure of a company's performance. I generally use earnings, and only glance at cash flow to ascertain that growing cash flow is likely coming from revenues, rather than other sources (such as investments). So I don't think that Bombardier's transgression is too egregious. However, in today's environment, even the hint of something improper could severely affect a company's stock price, so you're probably correct to avoid any trades in Bombardier until the situation resolves itself. I'll continue to watch, but not establish a position in Bombardier.

Thanks...

KJC