Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Les H who wrote (157160)	3/26/2002 12:56:55 AM
From: KeepItSimple	Read Replies (1) of 436258

So basically they are admitting that their earnings are one giant fraud, and they use cookie-jar accounting to beat estimates every quarter. Hmm.. remind anyone of GE? When will the investing public wake up and realize that EVERY SINGLE GOD DAMNED TECH COMPANY has cooked the books in a similar manner for the last 5 years? Does anyone even care? Doesn't anyone ever wonder how GE or Cisco managed to beat earnings estimates by 1 penny each quarter for 5 years? Am I just insane for noticing this stuff? ------------------------ The net change remained an increase of $190 million for the three-month period. Microsoft previously said its "unearned revenue" balance stood at $5.85 billion on Sept. 30 .

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