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To: orkrious who wrote (259255)9/6/2003 7:11:03 PM
From: Knighty Tin  Read Replies (3) | Respond to of 436258
 
To All, A great piece in this week's Fortune, with Bill Gross and 3 other money guys on the cover. It seems that the gap between real earnings and pixie dust earnings touted by Wall Street, is widening tremendously again. The main reasons they quote are the strong dollar and scammy depreciation accounting. But I think there is one other reason: corporate execs are starting to see big returns in their co. stocks when they overstate eps, for the first time in nearly 3 years. So, fraud and criminality are back in a bull market and have never really suffered a bear market.



To: orkrious who wrote (259255)9/6/2003 7:14:45 PM
From: Knighty Tin  Respond to of 436258
 
Ork, Page 15 is the Review and Preview Section. In that section, they have a piece called "He Loves Gold-Gobs and Gobs of It." It is not a major article, just an inset. I loved the last sentence. "The question is not how high gold can go, but how low the dollar will go."



To: orkrious who wrote (259255)9/7/2003 2:16:36 PM
From: mishedlo  Respond to of 436258
 
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