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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Edwarda who wrote (153112)2/7/2000 12:02:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Edwarda,

Accounting principles are supposed to provide an approximation of reality. The function of accounting is not to prop up the price of inflated stocks. Perhaps what the equity marketplace needs is a good dose of reality.

I can certainly understand the fears of the tech community. Suddenly, mergers will cause earnings to evaporate and they fear the price of their stocks will plunge.

What does this say about the current investment environment? Aren't they implying that investors were fools to put their money into the stocks of acquisitive companies with merger-fed inflated earnings?

TTFN,
CTC