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Tuesday, December 4 | ||||
Past Tense
(Morning Call Notes, Richard Bernstein, Merrill Lynch, 12/03/01)
The problem with Bernstein's comments is that he doesn't acknowledge that analysts are to blame for the "pro forma" games companies play. If they didn't uncritically accept "pro forma" numbers, there wouldn't be a problem, right? Holiday Challenge Update: No rowing today. |
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