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To: trust fund pirate who wrote (8592)10/7/1998 11:46:00 AM
From: Reginald Middleton  Read Replies (1) | Respond to of 19080
 
<Guys, unless these assets were being carried on the books for materially less than their market value, selling them would not boost earnings (artificially or otherwise). It would simply convert them into another form of asset (cash).>

Actually, it would boost earnings. It would not boost the economic earnings or propects of the company, but the accounting earnings will be increased if the funds received by the company were not segregated and were included in operating returns.