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Re: BobSinCA post# 32741

Sunday, 11/30/2014 2:54:13 PM

Sunday, November 30, 2014 2:54:13 PM

Post# of 45244
Initially didn't defend BCCI, but then I did.

Just because one doesn't like the accounting treatment, doesn't mean it is unacceptable.

I would argue it really doesn't matter; Q3 operating loss of $.63 per $1.00 of revenue and an additional $.30 of interest expense per $1.00 of revenue speak for themselves, and are reflected in six month 70% pps decline.