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To: Dr. Anthony Keyodo who wrote (5204)5/27/1998 5:50:00 PM
From: wooden ships  Read Replies (1) | Respond to of 42834
 
Not schooled in the fine points of corporate accounting practices,
I nevertheless enjoyed the lively and edifying tete a tete between
Pete from Stamford and Skeeter. Certain it is that more than a
few of us appreciate and applaud not only the evident depth of
knowledge and understanding that each of these men bring to the
table but also the gentlemanly decorum and restraint with which
they conducted their scintillating discussion.



To: Dr. Anthony Keyodo who wrote (5204)5/27/1998 10:30:00 PM
From: Skeeter Bug  Respond to of 42834
 
we just have different perspectives. sure it is legal and, under the current system, one would have to be nuts to not "play the game."

the question is whether it should be part of the system.

hiring an accounting firm is also a part of conducting one's business but it shouldn't have an impact on reported eps. however, it often does. this isn't good, imho.



To: Dr. Anthony Keyodo who wrote (5204)5/28/1998 12:14:00 AM
From: Skeeter Bug  Respond to of 42834
 
good dr, when the game becomes cooking da books then that is what people do. check this out...

exchange2000.com

of course, changing your reporting period to hide losses is just smart business ;-)