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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: Peter Dierks who wrote (1201)4/2/1999 11:35:00 AM
From: Curlton Latts  Read Replies (1) of 1279
 
>>It looks better to recast your losses as a non-recurring item<<

I call that suspicious accounting because these non-recurring items normally have a tendency to recur over and over again. I remember when AT&T went through ten years of these "once and for all - never again" special charges. It was a joke and so was their stock price. They finally got rid of the CEO and it stopped.

I do not mean to imply that etec will do this, but, across business landscape the number of dumb managements that have done this is huge.

Good Luck To Each And All

Curly

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