SAIC Accounting Tricks But Shares May Fall Further

http://www.businessweek.com/ap/2012-03/D9TL02UG0.htm
SAIC CityTime Fall-out more accounting Tricks Shares May Drop to 10? Do the math.
SAIC Bloomberg smoke mirrors cover-ups lies, she'll games... Media pals spin...




"TheStreet Ratings gives SAIC a C grade and a hold rating. The stock has risen 13.75% year to date. "

"Shares of SAIC rose 6.31% to $13.98. It declared a quarterly dividend of 12 cents a share on Tuesday and its board authorized a buyback program of 40 million shares. "

http://www.thestreet.com/story/11464315/1/saic-sai-sp-intraday-gainer.html 

The other street : Do you want a Company with a "C" grade working on your Federal Security and Defense?
Does Stock increase = buyback of 40 million shares?
http://www.dailyfinance.com/2012/03/21/saic-goes-negative/ 

"The 10-second takeaway
For the quarter ended Jan. 31 (Q4), SAIC missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue shrank and GAAP earnings per share shrank to a loss.
Margins dropped across the board."