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  • The Science of Hitting commented on The Science of Hitting's article 06-30 14:42
    An Open Letter to Barron's: Closing The GAAP
    In a recent write-up from Barron’s, author Jack Hough argues that Google (GOOG) shares are undervalued. In the article (here), he makes the...
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    The Science of Hitting 06-30 15:42
    • Update: As I noted at the time this was written, I wrote an email to Barron's outlining what I had written with a link to the article; I never received a response to that email.

      However, one interesting thing has happened: this week's cover story in Barron's, "Profit Inflation", is on this exact topic; Google is the company of focus as well.

      I'm glad to see Barron's take this topic head on, though they make no assurances in the article that they will stop reporting non-GAAP numbers to readers. They mentioned in the article that they've talked about this topic before, which is true; the problem is that no changes followed.

      Here's to hoping that Barron's will take non-GAAP financials seriously this time around.


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