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Re: Only for information

 
 
Retired
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      04-28-2007
Those who really need this info already have it. So what's your point?


 
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xfile
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      04-29-2007
Did you read it?

Overall, it is pretty good but there are questions about how numbers have
been derived?

That's the point - numbers don't necessary mean anything.

"Retired" <> wrote in message
news:%...
> Those who really need this info already have it. So what's your point?
>
>


 
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CB
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      04-29-2007
It is common knowledge that corporations will state their earnings in any
manner they choose, legal or otherwise. They will get a slap on the wrist
from the IRS or SEC. Try reporting your income in this manner and you will
spend a few years in a federal prison. However, as "Retired" has pointed out,
who cares?

"Retired" wrote:

> Those who really need this info already have it. So what's your point?
>
>
>

 
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xfile
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      04-29-2007
I agree probably no one cares.

My intension was very simple, actually, - to let people know a bit of more
behind numbers, if they want to.

Other than that, no point Well, it not worse than other threads

"CB" <> wrote in message
news:14224347-3272-4CA0-88D3-...
> It is common knowledge that corporations will state their earnings in any
> manner they choose, legal or otherwise. They will get a slap on the wrist
> from the IRS or SEC. Try reporting your income in this manner and you will
> spend a few years in a federal prison. However, as "Retired" has pointed
> out,
> who cares?
>
> "Retired" wrote:
>
>> Those who really need this info already have it. So what's your point?
>>
>>
>>


 
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Adam Albright
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      04-29-2007
On Sat, 28 Apr 2007 17:02:01 -0700, CB <>
wrote:

>It is common knowledge that corporations will state their earnings in any
>manner they choose, legal or otherwise. They will get a slap on the wrist
>from the IRS or SEC. Try reporting your income in this manner and you will
>spend a few years in a federal prison. However, as "Retired" has pointed out,
>who cares?
>
>"Retired" wrote:
>
>> Those who really need this info already have it. So what's your point?
>>


Public corporations are audited anually and can face stiff fines, even
get de-listed on the major stock exchanges for a whole bunch of
reasons if financial statements are misstated. That isn't to stay
corporations can change the method they report earnnings, that's what
creative accountants are for. Ask Enron. <snicker>


 
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