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Friday, April 04, 2003 7:51:07 AM
I would hold off on GTW until the 2002 10K report is filed:
http://biz.yahoo.com/prnews/030401/latu060_1.html
http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...
Although the filing extension supposedly has to do with the minor matter of how GTW accounted for bundled AOL service, restatements of financial results sometimes contain surprises of a material nature.
GTW does seem like a very cheap stock at these prices but, until I am confident that I understand GTW’s financials, I cannot recommend the stock. Regards, Dew
http://biz.yahoo.com/prnews/030401/latu060_1.html
http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...
Although the filing extension supposedly has to do with the minor matter of how GTW accounted for bundled AOL service, restatements of financial results sometimes contain surprises of a material nature.
GTW does seem like a very cheap stock at these prices but, until I am confident that I understand GTW’s financials, I cannot recommend the stock. Regards, Dew
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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