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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 9:30 AM EST

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To: art slott who wrote (5843)10/26/1999 9:42:00 AM
From: Jacques Newey  Read Replies (2) of 8218
 
Art, Arrow Hd. and Marty - Re:IBM's Accounting Wizardry

Abelson isn't the only one saying this. Fortune was saying it almost a year ago.

Message 6387388

Don't shoot the messenger! Facts are facts!

On a similar note, there was a great article on Sunbeam's downfall under "Chainsaw" Al Dunlap in a recent Business Week. It's a great example of what can happen when the accounting tricks don't work anymore. I'll admit it's an extreme case that may not apply directly to IBM.

Better to be safe than sorry.

Good luck with Big Blue!

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