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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (123333)	5/15/2008 5:37:40 PM
From: Moominoid	Respond to of 306849

Thanks. AH trade in BZH seems to think this report changes nothing (up 6 cents on the close). But it's only a few thousand shares.

To: Elroy Jetson who wrote (123333)	5/16/2008 2:32:39 AM
From: Moominoid	Read Replies (1) \| Respond to of 306849

This seemed apposite: Ian Cumming: "We struggle to create wealth. We don’t pay any attention to reported income results. There is a trend in accounting where you have to mark to market your investments or do a lot of complicated stuff that we don’t want to do, so we mark it to market. Things will be reported as more volatile as a result. Financial statements these days are almost meaningless. It is impossible to figure them out outside of those who practice." gurufocus.com