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To: lurqer who wrote (15414)7/11/2002 12:27:01 PM
From: altair19  Read Replies (1) of 104159
 
<How about the market going up? 'Twould be refreshing!>
Lurqer,

it's capitulation time for the market....I think by the time all the annual audits are done next January or February (for most firms)will be the front edge of restoring some confidence. They also will be comparing year over year to a crappy year.

In the meantime, I think most companies will clean house in terms of any marginal accounting practice....if their stock is already getting the crap knocked out of it, might as well make all the disclosures now. That's what I would do.

Also in the meantime...let's hope Congress doesn't do anything stupid in terms of regulation.

Altair19
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