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To: KeepItSimple who wrote (101214)3/21/2000 3:21:00 AM
From: Joseph Pareti  Read Replies (1) | Respond to of 186894
 
OT MicroStrategy = MACRO_BS

"As a result of today's announcements, Merrill Lynch downgraded the company to "NT accumulate/LT accumulate" from "NT buy/LT buy."

When will these useless ANAL_ysts spell the magic word
".... sell"

"We want to assure investors, customers and partners that we are working proactively with our auditors to comply with the evolving accounting practices for the software industry. There is no material change in our net cash flow and the amount of revenue we expect to recognize, and we continue to be well positioned to take advantage of opportunities in the e-business software and personalized wireless content markets," said company President and CEO Michael J. Saylor in a press release.

First they trick the numbers as there is no juice
in the interNUT, then they have the balls to ask investors for understanding .... these guys are toast !