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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: upndn who wrote (2898)8/29/2003 3:47:38 PM
From: Sergio H  Respond to of 23958
 
Not many companies need to ask the SEC how to recognize income. In any event, even if this was a common practice,when BLTI alters how they reported sales, the 60% growth rate that you cited changes to reflect the new figures. Bottom line is that the 60% growth rate is not valid. Same goes for all of the valuation ratios. BLTI is an expensive stock using the present numbers. It will be much more expensive when the figures are restated.


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