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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (5998)	1/11/2000 5:26:00 PM
From: Peter V	Read Replies (2) \| Respond to of 10293

SEC Settles Case Against Informix dailynews.yahoo.com Tuesday January 11 3:57 PM ET SEC Settles Case Against Informix WASHINGTON (AP) - The Securities and Exchange Commission said Tuesday it has settled a case alleging that Informix Corp (NasdaqNM:IFMX - news). fraudulently inflated company revenues and earnings. The SEC found that former Informix employees inflated revenues by $295 million and earnings by $244 million between 1994 and the first quarter of 1997. No monetary fines or penalties were imposed against Informix, a database software company based in Menlo Park, Calif. The SEC said Informix failed to devise and maintain sufficient internal accounting controls. It said that as the fraud came to light, former Informix managers committed fraud in trying to avoid a restatement of the company's financial statements. After replacing its former management, Informix and its auditors uncovered more than $100 million of accounting irregularities and restated its financial statements. Informix agreed to an SEC order to cease and desist from violating securities laws, but did so without admitting or denying the findings. The SEC said its investigation is continuing and that Informix has agreed to cooperate with it.

To: Bill Wexler who wrote (5998)	1/11/2000 9:06:00 PM
From: TRIIBoy	Respond to of 10293

This shit pisses me off. I mean, in any other marketplace/workplace or in life this amount of lying, cheating and fraud would put you in jail, but in the stock market, your stock goes up. I tell ya, when this bubble pops and stocks start crashing one day, all of sudden people will wake up to the amount of fraud in the marketplace. Its tantamount to stealing, these people should be barred and locked away. Sickening...

To: Bill Wexler who wrote (5998)	1/12/2000 12:58:00 AM
From: Steve Patterson	Respond to of 10293

Skinner and Pavlov would understand today's markets very well. Just ring the bell: "B2B!" <ding> "Linux!" <ding> "Middleware!" <ding> "Internet!" <ding> and people will throw their money at you. The conditioning appears to be total: K-Tel can put the word "Linux" in a press announcement and the stock goes up. I mean, how can anyone write that with a straight face? Probably they didn't. <ding> On that note, I need a vacation, so I would like to announce that I have become a B2B Linux Middleware provider for the Internet, trading under the symbol SCAMY. (My corporate headquarters are a lawn chair in Barbados.) I predict that the second-tier Linux companies (i.e. not RHAT) will be the first against the wall. LNUX has been hammered since its IPO and I anticipate further pain ahead for that group. Just ranting after a long day, Steve

To: Bill Wexler who wrote (5998)	1/12/2000 1:13:00 AM
From: BelowTheCrowd	Respond to of 10293

I especially like the way they managed to pull in "marketing advisors" from Menlo Park. Guess they had to mention it, just to make sure everybody knows how important they are to the Sand Hill folks... mg

To: Bill Wexler who wrote (5998)	1/14/2000 6:15:00 PM
From: Jay Lyons	Respond to of 10293

Therapy for Traders When you have had one of those "take this market and shove it" days, try this. Run to the pharmacy and go to the thermometer section . You will need to purchase a rectal thermometer made by Q-Tip. Be very sure to select this brand. Return home, lock your doors, draw the drapes, and disconnect the phone so that you will not be disturbed during your therapy. Change to very comfortable clothing, put something soothing on the stereo, and lie down on your bed. Relax. Open the package containing the thermometer and place it on your bedside table. Relax. Take the written material that accompanies the thermometer. Relax. As you read it you will notice in small print the statement "EVERY rectal thermometer made by Q-Tip is PERSONALLY tested. Relax. Now close your eyes. Relax. Say out loud five times, "I am sooooooooooo glad that I do not work in quality control at the Q-Tip company!" (From Sandra in the Savvy-Trader chat room) savvy-trader.com