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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (46557)1/16/2002 5:12:08 PM
From: Jim Willie CB  Read Replies (4) of 65232
 
those non proforma huge losses are really no big deal
they overpaid for acquisitions in stock swap
both parent and object stock were taken down in price
goodwill writedowns as I see it

not like Cisco, whose practices seem more criminal with every new examination
writing down "research in progress", excess inventory which later shows up as sales

I still dont see the attraction to tech sector now
technology might be the last to enjoy recovery
at least computerdom, networkdom, telecom, fiberoptics

/ jim
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