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To: Think4Yourself who wrote (41408)	3/31/1999 11:28:00 PM
From: waverider	Respond to of 95453

OT: K..."limited to one region and limited to vendor rebates"...The "ONE" region happened to be the only one that showed any significant growth for the company and the fact that the growth was a fabrication is rather important, no? Vendor rebates? That is a MAJOR percentage of CHS's earnings per share. When those are taken away, the razor thin 1.5% profit margin shrinks beyond tolerance. Fortune 500 company? My bet is they are OFF the list next time you look. As far as all their other numbers...EVERYTHING is now suspect. What makes you think they're telling the truth now? The auditors were around the last three quarters as well. What bothers me and most of the previous shareholders is that Osario was dim witted enough to be fooled for an entire 3 quarters by his man in Europe. The man lied about their earnings there. That was revealed in the conference call. Now either you believe Osario really was fooled (= lousy oversight), or the European man was a scapegoat and the deception goes a lot deeper (= crooks). One way or the other, you are dealing with a poorly run company. Good luck on making your profit. Just remember a $3 stock can easily go to $1. <H>