Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 117.44

-1.6%

3:59 PM EST

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To: stock bull who wrote (82960)	11/30/1998 8:22:00 PM
From: Chuzzlewit	Read Replies (1) of 176387

Stock bull, It does fall into the area of creative accounting if it is used for anything other than legitimate business purposes. For example, insurance companies create reserve accounts for losses incurred but not reported ("INBR"), and manufacturing companies create reserves for bad debts. This kind of thing is legitimate if it is used based on historic or industry standards to avoid misrepresenting earnings. But when used to smooth earnings for a future period when shareholders might be irate is exactly the kind of underhanded nonsense that should elicit outraged from investors. TTFN, CTC

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