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MANAGED EARNINGS Critics of Tyco, which has bought hundreds of companies over the years, charge that it inflates write-downs for the costs of its acquisitions, in effect creating stored earnings it can summon at will to pump up quarterly results in a way that makes earnings growth appear to be the result of expanding sales or higher margins. These allegations are "totally inaccurate," Kozlowski says. But those denials aren't persuasive to David Tice, who runs the Prudent Bear Fund and practices short selling, a technique that bets on a stock to fall. He has sold Tyco stock short...
After missing the Oct. deadline, Friedson predicted that the report would be published by the end of Nov., saying that the data had already been gathered and all that remained was to draw conclusions and write the report...
Also yesterday the CUE discussed eliminating cum laude degrees awarded solely based on grade point average—which would mean students could earn honors only through their departments. For most departments, such honors are available only to students who write a thesis...
...only a casual reader of The Crimson, write it into your daily schedule. Take the 15 minutes in the morning to scan the headlines on the front, editorial, Real World and sports pages. Send a letter to the editor (letters@thecrimson.com). Call in a news tip (576-6565). Let us know what’s on your mind...
Above all, do not forget that it is your paper. As much as we like to think, report and write, we are not involved in this pursuit simply to see our words in print. We are doing it so that every day, every morning, there is a paper out there for the community to read. So that, on the best days, we are not the only ones who feel the magic...