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To: KeepItSimple who wrote (72197)2/27/2001 7:01:43 AM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 436258
 
ho ho ho - WSJ finally gets around to reporting the story you mentioned from Herb Greenberg's column a week or two ago. I guess the tipsters got wind yesterday.

06:58 ET Broadcom (BRCM) 63: Chip maker's method of accounting for warrants issued to customers of companies it has acquired is raising questions among investors and accountants, reports the WSJ. Behind the criticism is that BRCM is effectively providing a discount to these customers that isn't clearly reflected in the financial statements. Also of concern is the sustainability of BRCM's growth without the incentives.



To: KeepItSimple who wrote (72197)2/27/2001 9:36:58 AM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
In short, it was a mania, people lost their senses, and people stole as much money from each other as they could get away with before the party ended. It won't happen again in our generation. These sort of things, like the great depression, stick in the memory of the public. At least until the grandkids get old enough to invest, that is.

I couldn't agree more.


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