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To: Oeconomicus who wrote (145043)8/8/2002 9:59:24 AM
From: GST  Respond to of 164684
 
I went into the morning long C calls which are up 300% in 24 hours -- blind luck. I am now selling into the strength and buying tech-related puts.



To: Oeconomicus who wrote (145043)8/8/2002 11:17:31 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Bob, it appears even the SEC finds EBITDA reporting misleading.
Aon May Have to Restate Earnings
Insurance: The broker says the SEC questioned its accounting practices. Shares fall 30%.
The SEC's questioning of Aon's accounts suggests that the firm was aggressive with its profit reports. To remedy the situation, the SEC demanded that the firm release more information in its financial reports and stop using EBITDA (or earnings before interest, taxes, depreciation and amortization) numbers, which are potentially misleading
latimes.com