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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (70126)	11/5/1999 11:36:00 AM
From: Exacctnt	Read Replies (1) of 132070

Mike, I know your opinions in the pc arena are unbiased.<vbg> How can you justify your reference that they are cooking the books when you admit that you don't follow MSFT closely? You may make a case that they are creative with their put warrant program, or, that the ESO program is creating a massive future liability, but their income reporting has been one of the most conservative in the entire tech sector. In fact the SEC investigated them because they were underreporting current revenue and padding the Unearned Revenue account. That is one of the reasons why they adopted SOP 98-9. As far as having a "bomb shelter", I do not own as many shares as I did last month. <g> Respectful regards,

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