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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.40

-0.5%

3:59 PM EST

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To: Stock Farmer who wrote (48870)	2/12/2001 10:22:32 PM
From: Monty Lenard	Read Replies (1) of 77400

John, I doubt many took the time to read the entire message at the link you posted here but they sure should. "It is also possible that many of the creative accounting procedures used on corporate balance sheets may involve criminal violations. While this sort of crime is rarely prosecuted at present, it may be viewed differently after a stock market correction. The prosecution of these cases could involve a significant cost to the economy, if it results in the removal of many experienced, and presumably highly skilled, executives from their positions. The long-term benefits from deterring questionable accounting procedures in the future may provide a strong argument for pursuing such prosecutions, but the short-term costs may still be considerable. " Monty

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