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To: High-Tech East who wrote (75037)	4/16/2001 7:35:13 PM
From: Haim R. Branisteanu	Read Replies (4) \| Respond to of 99985

Ken, there was a retail company in NYC called CRAZY EDDY engaged in selling consumer electronics. To satisfy WS with continuing growing earnings the company founders came up with a genuine idea ............. just report higher inventories quarter after quarter and higher sales. .......... but as it happen the company ended going belly up and today is no different Well ..... I hope it reminds you of a new era company doing the same CSCO ?....... right. CSCO wrote down today $2.5 billion in inventory and around $800 million in good will a total of $3.4 billion. I am not sure if many comprehend what it means $3.4 billion of assets held via CSCO stock in many pension and IRA accounts evaporating in thin air but I guarantee than no one will go to jail. On the other hand just try to steal a loaf of bread if you are hungry and you will feel the wrath of law instantly. Well that is American Justice. Now it is clear to me why Antar the founder of Crazy Eddy went to jail ............. he belonged to the wrong ethnic group. Haim