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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%Dec 17 3:59 PM EST

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To: John F. Dowd who wrote (165566)5/30/2002 4:45:53 PM
From: John F. Dowd  Read Replies (1) of 186894
 
To All: At 4:40 CNBC did a piece on the MSFT "book cooking" and as usual the spin was all anti-MSFT. Instead of characterizing their accounting practices as conservative wherein revenue was deferred until fully earned they went on a speculative witch hunt trying to divine the nasty reasons MSFT was so conservative. They concluded investors will be less likely to trust MSFT financials. Give me a break these people can't say anything good about MSFT. Did they have anyone speaking on the side of MSFT? NO! Did they have anyone who knew what they were talking about with specifics? NO! It was just more BS. What is CNBC's problem? JFD
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