Madame you will notice I posted Gaap numbers in my second post. You have based a judgement on me because I posted some more of the earnings report. At no stage did I say the numbers where good or that I valued any company by non gaap earnings. The tittle of the thread was "Bye Bye Mallinckrodt". It certainly took a shalacking today and I believe a big part of that was the outlook for a product that is 40% of its revenue. Do I think Mallinckrodt is overvalued. absolutely and I don't own it. However I don't think they are turning the lights out either.
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Bye Bye Mallinckrodt, page-11
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