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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: JustTradeEm who wrote (20025)1/9/2002 11:04:17 AM
From: LTK007  Read Replies (1) of 99280
 
JB,here's some significant news.Just saw a fellow explaining the new SEC regulations regards goodwill(which has been a major fraud device to fake earnings) and this fellow says get ready for shocks ahead as he estimates companies will be announcing write-offs amounting to 1 Trillion dollars this year--he says AOL will be one.Bascally all companies that have made acquisitions via stock usage.Max
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