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To: Nemer who wrote (38177)2/4/2002 12:19:43 PM
From: pz  Read Replies (1) | Respond to of 53068
 
Nemer,

See what happens when a dang yankee team wins the superbowl, the market goes in the crapper. :o)

Paul



To: Nemer who wrote (38177)2/4/2002 12:20:47 PM
From: Beachside Bill  Read Replies (1) | Respond to of 53068
 
More funny accounting...

Meanwhile, the accounting posse is also after Amazon.com (AMZN), with the Wall Street Journal reporting that $166 million of the $996 million cash hoard investors think will see the e-tailer through hard times has already been pledged as collateral. That story ran a day after Barron's reported on claims that the company misled investors (and possibly its underwriters as well) in indicating revenues from its commerce network partners would be collected in cash instead of stock, as has been the case. The stock fell 6%.

Tyco International (TYC) revealed spending some $8 billion over the past three years on more than 700 acquisitions that were never made public.

Enterasys Networks (ETS), hit by a double whammy of delaying its earnings release to clear up an accounting irregularity and announcing an unrelated probe by the Securities and Exchange Commission.

yahoo.smartmoney.com