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Re: basserdan post# 140427

Wednesday, 08/13/2003 11:48:57 PM

Wednesday, August 13, 2003 11:48:57 PM

Post# of 704047
"John Chambers would prolly do 'things' a lot differently if he were the CEO of one of these 'dilution prone' producers"
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Dan...

Yep, they would charge off mountains of ore every quarter then sell it the following quarter using the zero cost to give them by far the lowest cost figures and highest margins in the industry. Of course after the chargeoffs of all the bad stuff, they would beat by a penny every quarter and the outlook would always be very hopeful for second half strength in the POG.

mlsoft

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