Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (10559)	1/17/2002 4:56:58 PM
From: SmoothSail	Read Replies (1) \| Respond to of 23786

I wonder how companies are going to react to the threat of more scrutiny and oversight of their accounting practices. How many are in the same situation that Enron was but just haven't been "outed" yet? How is the predictable scramble to get the books in order going to affect their bottom line next quarter or next year for that matter?

To: Jorj X Mckie who wrote (10559)	1/17/2002 6:24:40 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 23786

I wish I could agree. As noted in the Citigroup earnings release, they are looking to implement $1B in cost savings and expenditures... If we are still in a situation of overcapacity coupled with corporations implementing cost cutting measures with an eye to meeting earnings "growth"....I'm afraid I don't see the pent up demand. Eventually yes...but I still believe we are contracting. The companies will continue to slash spending until we get a real balance between capacity and demand.