Ask DrBob Message Board - Msg: 17419960

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	5/3/2002 2:34:35 PM
From: FLACK	Read Replies (2) of 100058

stan, it's a well known fact... that I'm no John Nash. And a lot of what many FA people consider 'basic' still twists my brain cells into tight little balls of jello... but companies on the nas appear to me to be in deep doo-doo. Following the Enron failure, I said that the accounting thing wasn't going to go away. It not only hasn't gone away, it's lead to more drastic SEC measures being examined. Now, just the thought of the large caps having to disclose and place on the books as expenses their options arrangements could have a horrific effect on their balance sheets... to the tune of billions... and that's not even considering how corporations are issuing secondaries - selling issues to stay afloat. But, as I said, this is all beyond my scope.

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