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

To: Joan Osland Graffius who wrote (29684)	7/11/1998 10:59:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Joan, I also took all of my accounting at graduate school. I had the opinion that you hired accountants the same way you hired plumbers, and that portfolio managers didn't have to get their hands in the muck. But Wharton, probably like Carnegie-Watermellon, figured we should have some idea how our accountants were stealing from us. <G> My guess is that they will try to take all the revenues into the current quarter and then capitalize the interest and advertising costs over a longer period of time. MB