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

To: Dale Baker who wrote (6128)	1/16/2000 9:36:00 AM
From: BDR	Read Replies (1) \| Respond to of 10293

<That's where the PE,PS, or P-whatever analyses of traditional historical means start to become irrelevant. Hence my remarks about economists and the way they think. They have to assume their models are valid to reach any conclusions at all.> One could dismiss this as just an apologia for the high valuations of the "new paradigm", but there are some important points made about the shortcomings of present day accounting. Sorry if this has already been posted here. fastcompany.com New Math for a New Economy "What's wrong with the 500-year-old way in which all companies keep their books? Just about everything, says Baruch Lev, who has proposed a new method for determining the value of the intangible assets that are at the heart of the new economy."