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To: ild who wrote (137333)12/5/2001 6:31:25 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Wonderful blast in the NY Times about the accountants/auditors role in the Enron fiasco:

nytimes.com

Includes a great blast from one of Enron's most strident detractors, the one and only Jim Chanos:

"The people who are supposed to be stewarding your capital in your company often have an agenda different than yours," said James Chanos, the short-seller who called attention to the discrepancies in Enron's financial reports. "And the independent entities that are supposed to be watching them are for different reasons falling down on the job. It's not a pretty picture."

This quote should preface every corporate financial statement (in bold type) from now on.....those who forget history are doomed to repeat it!



To: ild who wrote (137333)12/5/2001 10:43:37 PM
From: ild  Read Replies (1) | Respond to of 436258
 
Is SEMI's chip-equipment forecast too optimistic?
siliconstrategies.com

According to Digitimes earlier today, the Samsung and Hynix Dramurais have struck a deal with the "contractors", that's big PC companies to you and me, to put the prices up by a whacking old 10 per cent for SDRAM and 30 per cent for DDR memory
theinquirer.net