[Am-info] Re: X-Box Dud

[Hans Reiser]

sturde@az.com wrote:

>
>  Of course, the WSJ commented that GE had a slush fund to
>even out earnings cycles so it could create an aura of the inevitability
>of growth.
>
>
I think most "well-run" tech companies do this, because there exist 
financial models which increase the stock price of companies that grow 
consistently rather than sporadically.

It is considered clever rather than dishonest by most of the folks who 
do it.  It is dishonest though.

Hans