Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 39.19

+8.3%

Nov 26 4:00 PM EST

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To: Chip McVickar who wrote (2036)	3/30/2002 8:47:23 AM
From: robert b furman	Read Replies (1) of 207046

Hi Chip, I think these accounting nightmare stories will be a two sided sword. One side will be serrated and cut to the bone -if the games were played. The other side will be soothing as a higher multiple will be rewarded to those managements that stayed the true and conservative approach - rather than yield to temptation of getting away with it-afterall everyone is doing it. For those who didn't - they will be rewarded with a higher multiple. It is a great cleansing process as the magnifying glass compares past footnotes to this quarters footnotes.True conservative managements will be rewarded with higher multiples and the snakes will get a haircut. Very healthy - unless you own a company run by snakes. I think Boston is the only marathon I know of that allows bandit runners - it's so cool.Heck I've got to go - I feel the need for a ten miler.gg Bob Bob

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