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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Joe S Pack who wrote (56942)12/4/2001 7:21:25 PM
From: BWAC  Respond to of 70976
 
Well there goes up in flames all the useful information companies were providing to self directed investors for the purpose of fully explaining operations and what exactly happened during a quarter. Companies will now just present a GAAP number that often will obscure the future operating effeciencies/progress and no one but the management spoon fed information analysts can make an informmed forward judgement upon.

The SEC struck a blow to the small investor seeking information that many companies were plainly giving.