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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: William Hunt who wrote (25327)6/30/1999 7:58:00 PM
From: Alan Buckley  Read Replies (1) of 74651
 
[In the case, Pancerzewski's lawyer referred to a 1995 e-mail message from former CFO Mike Brown to Chief Executive Bill Gates. In the e-mail, Brown wrote: "I believe we should do all we can to smooth our earnings and keep a steady state earnings model," according to a court transcript.]

This SEC investigation sounds harmless and routine to me. "Should do all we can" doesn't mean they intended to cheat, just to push the rules where possible. Such behavior is absolutely basic for all tax accountants.

Brown, of course, has since moved on to be a senior NASDAQ officer.
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