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


To: IceShark who wrote (30700)8/7/1998 9:44:00 AM
From: cardcounter  Read Replies (2) | Respond to of 132070
 
MB in the press.

If you haven't already gotten your daily dose of Herb Greenberg on www.thestreet.com, here's a little excerpt from a followup on yesterday's SOC blowup...

Adds reader Michael Burke: "My rule has always been that an income statement means nothing until compared to the balance sheet. I have seen scores of firms, ranging from the huge, such as IBM, to the puny, such as Chantal, whose balance sheets call their income statements liars."

thestreet.com



To: IceShark who wrote (30700)8/7/1998 12:01:00 PM
From: Knighty Tin  Respond to of 132070
 
Dan, You have a bright future in corporate accounting/Investor Relations/prison. <G>

MB