TNE Short attack, page-30

Thanks for the response, good to be aware of the accounting 'trickery' that goes on in this sector. From my financial of eps, sales etc, does that mean as long as contracts are increasing, management can continue to reported these inflated figures? The Enron style of reporting until a downturn and the wheels fall apart?

I know of one very high profile fund manager/newsletter provider who swears by the company and I would have expected him to be dissecting the accounts and spot the type of trickery if it ever existed. It is the LT trend that got my interest.