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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: C who wrote (56005)5/10/2000 11:36:00 AM
From: Junkyardawg  Read Replies (2) | Respond to of 122087
 
Yes the game would change but one team would still not have an unfair advantage over another.
In other words if everyone is doing it then you have the same chance to win the game as everyone does.

Now if I am a CSCO shareholder (which I am) I demand that my CEO use every "legal" means to make my stock as valuable as it can be. If my CEO is doing the same thing that everyone else is doing then he is doing nothing wrong but doing his duties as the CEO of the company.

I just think it is strong words to say that CSCO is committing a crime when in fact they are not.

With that said: Do I think that the accounting that the Nasdaq allows is less than 100% accurate? Yes I do. Of course the Nasdaq is letting companies pool their interest and in all fairness it probably isn't the right thing to do.
But until the Nasdaq demands that every company change their accounting then I demand that the CEO of my company do what ever he can by all "legal" and "moral" means to make my stock as valuable as possible. Anything less and I want a new CEO.

dawg