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[sharechat] Keep the balance sheets simple


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 22 Jan 2002 15:51:15 +1100


Here's an interesting article by James Cramer on TheStreet.com

http://www.thestreet.com/funds/smarter_up/10007009.html

In it he predicts that because of several high profile accounting related
sell-offs, investors are going to move towards companies with simple balance
sheets that are easy to understand.  Makes sense - after all, what are
companies really hiding sometimes?  Peter and Snoopy always do an excellent
job in getting to the bottom of a company's financials, perhaps they would
like to comment on the article.

Note to companies - keep it simple and investors will reward you.  Make it
complex and eyebrows will be raised.  In that case, watch out.

Best Regards

Ben Dutton


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