Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (3424)	7/4/1999 4:11:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Chaz2, Glad you liked the site. I didn't realize the data was provided by Zacks. Thanks for pointing that out. That site is doing a better job of packaging Zacks data than Zacks is doing. :) Most interested to learn recently that the SEC does not require a company to report on an "ongoing business" basis, yet that is clearly by far the most useful basis for investors. Do you have any idea why the SEC is so out of it? I think the recent move by the SEC to get rid of pooling of interests as an optional method of accounting for mergers is a step in the direction you're looking for. As you know, I'm not an accountant and won't pretend to explain why I should think that, so don't ask. :) But the stuff I've read about it made sense at the time. As far as reporting on an "ongoing basis" is concerned, I'd prefer that the SEC not get too involved. In cases more complex than Qualcomm's divestiture of their infrastructure unit, the ongoing basis is subject to a lot of interpretation. We, as investors, are supposed to arrive at that in a way that paints the picture as we see it from our point of view, not the SEC's point of view. Just my opinion. --Mike Buckley