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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Logain Ablar who wrote (5280)12/17/2001 3:22:18 PM
From: John Pitera  Read Replies (1) of 33421
 
Hi TIm, I agree with you that management did cross the line by hiding the "mistakes"...

"could I have a mulligan on that investment decision" -g-

I did not mean to imply that ORCL and DELL's cash flow problems of the very early 1990's was do to
accounting gimmickry. I had thought it was more of they over-expanded into a downturn in the economy and
the stockmarket.

If Broadband trading and asset value was back at March of 2000 perceptions and valuations, then ENE would
not be in ch 11. But as we know it's no longer the days of wine and roses for tech stocks.

John
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