Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Dale Knipschield who wrote (1398)	7/8/2002 9:06:14 PM
From: Proud_Infidel	Read Replies (4) of 25522

<font color=red>SPREAD THE WORD!!!!</font> Dale/All, Anyone interested in the integrity of our markets should make a quick visit here: Former SEC official launches RestoreTheTrust.com By United Press International. July 08, 2002 Almost a week before the Senate is scheduled to debate accounting reform legislation introduced by Sen. Paul Sarbanes, D-Md., a former Securities and Exchange Commission official has launched a new Web site for investors to express support for accounting reform. Nancy M. Smith said RestoreTheTrust.com enables investors to e-mail their senators urging them to vote for reform legislation. Widespread accounting scandals, of which WorldCom Inc. is the most recent, have caused massive and unexpected investor losses. "If you are fed up with companies cooking the books, go to RestoreTheTrust.com and tell your senators to support the Sarbanes bill," said Smith. The measure creates a regulatory system to oversee the auditing of public companies' books, and ends the current system that allows accountants to regulate themselves. It also prohibits accountants from auditing books and providing many lucrative consulting services for the same company. Reported by The Associated Press.

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