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Politics : RAMTRONIAN's Cache Inn

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From: NightOwl	8/2/2007 1:21:01 PM
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One more laugh and I'm out of here: "Sarbanes-Oxley drives away IPOs * Foley & Lardner's fifth annual study measuring the financial impact of Sarbanes-Oxley on public companies finds that the cost of audit fees, board compensation, and legal fees continue to rise, despite an overall plateau in compliance costs that companies tend to see following initial implementation of Section 404 financial controls." * eetimes.com Translation: "It was a hell of a lot cheaper when we were free to misrepresent our options expenses and didn't have to tell anyone how deep in their pocket GAAPs we had really reached! But we ain't about to cut back on our self service optionizing... No matter how much we have to pay the accountants and lawyers to come up with the 50 pages of "legal" obfuscation and math-0-magic required to keep the lipstick on this pig." Like Granny Owl always said... too much of anything... even a good thing... will kill 'ya... and as soon as anybody figures out how to get a really good thing... you'll be drowning in really good things before you can say 911. Hmmmmm... I guess this means FRAM is only a... semi-good thing? Well... I didn't much like the idea of drowning in ferroelectricity anyway... sounds too much like frying to me... mmmmmmmmm... *frying*... Must be time for my non-free lunch! <Hoo><Hoo><ack><ack> 0\|0

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