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To: Wyätt Gwyön who wrote (5740)3/15/2001 4:30:20 PM
From: Bruce Brown  Respond to of 6531
 
while we're on the subject of misspellings...

international borses

dat's "bourses". jus ask waren buffet -g-


Rats! Can you tell I've been speaking German for the past 7 years? I should tell them to change the sign on the building I drive by every day to spell it right.

My opinion on i2? Gee, we're back to 1999 prices and the company is stronger today than it was then. They really sold it off today along with BEA Systems, Siebel, Oracle and Checkpoint. Application software is out, I guess. If it drops to $5, I'm finished with investing. The way things have been going lately, who knows?

BB



To: Wyätt Gwyön who wrote (5740)3/16/2001 5:56:27 PM
From: Stoctrash  Read Replies (1) | Respond to of 6531
 
"In the past few years, questionable accounting techniques -- such as so-called "cookie-jar reserves" and "big-bath" restructuring charges -- have come under increased scrutiny by the SEC.

Last year the agency brought more than 100 enforcement actions against companies accusing them of financial fraud -- a 10 percent increase over 1999.

And the questionable practices have burned investors. The SEC estimates investors have lost more than $80 million over the past eight years, as measured by declining market value of companies embroiled in financial fraud.

Revenue recognition No. 1 concern

Of chief concern to the SEC is revenue recognition, an area where the agency has stepped up its interpretative guidance in an effort to avoid conflicting interpretations among accounting professionals.

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