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

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To: Haim R. Branisteanu who wrote (85761)6/25/2002 10:57:48 PM
From: Ron Dior  Read Replies (1) of 99280
 
Haim,

Most don't even understand yet what the error actually was. The word fraud has been thrown out their by the media to perk up as many ears as possible. There is no way they can even tell what can and cannot be capitalized as expenditures never mind knowing the real numbers. This will take months.

The problem is that at this point in time, it will not matter if WCOM is in a dire situation or not. People will be running for the doors tomorrow. All companies are junk status until proven innocent. Long term is a whole other story.

Ron Dior
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