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To: Raymond Duray who wrote (260)7/12/2002 4:13:20 AM
From: GUSTAVE JAEGER  Read Replies (1) | Respond to of 3959
 
Talking of honesty, from the Growth Report Newsletter:

In the spirit of earnings season, we feel inclined to share this from one of our readers:

"Financial Jargon of the New Economy"

EBITDA
= Earnings Before I Tricked the Dumb Auditor.
EBIT = Earnings Before Irregularities and Tampering.
CEO = Chief Embezzlement Officer.
CFO = Corporate Fraud Officer.
NAV = Normal Andersen Valuation.
EPS = Eventual Prison Sentence.
EPITDA = Earnings Post-Indictment, Trial, Denunciation and Arrest.

growthreport.com