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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (27780)4/29/1998 10:30:00 AM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
Mike, My feeling is similar to yours. I believe the CPAs and accounting Ph.Ds at IBM probably know more tricks than I do. However, I can still tell a trick when I see one. Capitalizing expenses is especially accretive to nominal eps during a time of low interest rates.

IBM's reporting is similar to the statement, "taste this and see if it has gone bad." No, thank you. -g-

MB