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


To: Knighty Tin who wrote (28552)5/28/1998 4:14:00 PM
From: Earlie  Read Replies (1) | Respond to of 132070
 
MB:
Boy, do I agree. While it enrages me that companies can gussy up their earnings statements with accounting smoke and mirrors for several quarters, then escape the noose with a big restructuring, it's the game as it is played these days. This market actually applauds it (can't remember ever seeing an analyst take a company to task for this chicanery).
This is one of the reasons why I want to see actual blood dripping from their ears as well as see the signed chapter 11 documents before I will short in this mania environment. (g)
Best, Earlie