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To: Sr K who wrote (147475)	11/15/1999 7:32:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 176387

>Is this allowed under current GAAP? "Anything we can get away with" is the only standard that seems to matter these days. Who cares about GAAP anymore? Every internut company worth their salt issues two sets of earnings numbers, one "GAAP" and the other "FRAUD." Not surprisingly, every major newspaper, CNBC and any other media outlet has quietly started reporting only the "FRAUD" numbers, burying the GAAP numbers in a footnote somehwere, if they are even reported at all. Welcome to the new era!