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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?


To: Turs who wrote (497)3/21/2000 8:21:00 PM
From: appro  Read Replies (1) | Respond to of 717
 
Sorry you missed it. I am unable to unearth any reference at cnbc.com (and I really tried) as to the name of the analyst.

CNBC did several teasers during the preceding hour saying something to the effect that viewers could have known what was coming at MSTR months ahead of everyone else if they were following one particular stock bulletin board. Then when the young lady came on, they showed a video monitor screen of your post filling the upper left third of the screen over her shoulder as she described your insightful post picking up on the questionable revenues. She went on to say her firm noted your warning way back when because they keep up with the posts here followed by a big smile. Sounds like someone owes you....well, something. Ought to be worth an SI T-shirt. Heheh.

I believe they have it on video archive but you need to subscribe at $25/mo. Maybe they would give you the secret password since they were reporting on you. I bet it is worth a phone call to someone at CNBC-TV.

It was on at 2:25PM ET, March 21.
cnbcdowjones.com



To: Turs who wrote (497)3/22/2000 6:03:00 PM
From: Logain Ablar  Read Replies (2) | Respond to of 717
 
Turs:

Nice pick up. I remember reading your post when I was doing some due dilligenceand just stayed away (should have shorted). So thanks for those posts.

Anyway. From your two posts the SEC would not have to issue guidance (that sounds like a bogus excuse) on revenue recognition. GAAP is pretty clear on revenue recognition guidelines and while you can stretch the guidelins in all likelyhood the auditors picked this up in the year end review and let the company know they couldn't give a clean opinion. (I'm just guessing though).

Lets see how many shares the insiders have sold since the auditors questioned this and the press release.

I'd say the CFO is toast and he'll probably bring down the CEO. Remember what happended to IFMX. This company is headed for single digits. I can't believe it bounced today and it can mean the lights go out. Watch business run from a company like this.

Mandragoran