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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: JeffO who wrote (3350)5/16/1999 6:05:00 PM
From: Butch4327  Read Replies (1) | Respond to of 5541
 
I agree completely. I don't particulary agree with the WAY he is making his point, but it is a valid question.

~Luc



To: JeffO who wrote (3350)5/16/1999 8:49:00 PM
From: Stephen Goldfarb  Read Replies (2) | Respond to of 5541
 
I don't have any particular problem with an investor wishing to clarify that bookkeeping and expenses will be conservative. My understanding, as well, is that the entertainment industry often counts as corporate expenses a range of activities that might seem to reflect a lavish life style. The result is adverse impact on net earnings. It is presumably part of the entertainment industry milieu, in which so much can be justified as necessary in the furtherance of company goals (entertaining guests, parties, etc.).

Steve