Not to in any way suggest profits aren't important, but given this economic cycle profits can be affected by a lot of items not directly attributable to current operations. Especially short term profit variations. I also watch cash flows to see if (an how much) liquidity is being lost. I have found negative profits can go on for a while, but that most cos. don't do well for very long if they are bleeding cash --- losing liquidity.
Just one person's opinion........ Otis Wright. Pål Jensen wrote: > Bruce wrote: > > > Only according to you. Cite a published reference. > > It was posted here awhile back (a month or two?)with reference. It may even have >been by you. I don't bother to search it up even if I may still have it (somewhere) >in my in-box. I think it was the results of last quarter. I believe Olympus recorded >a loss of about 50 million dollars and Pentax about 700 000. The numbers are >approximate based on my (failing) memory. The point was that Olympus loss a lot of >momey and Pentax not that much. > > Pål
