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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: heehee1 who wrote (28790)	2/8/2002 4:13:23 PM
From: Softechie	Respond to of 99280

Pro forma accounting issues will kill highflying techs...

To: heehee1 who wrote (28790)	2/8/2002 4:30:59 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 99280

>> Jim... What makes you think EMLX has accounting issues? << Probably not too much more than many "pro-forma" techs out there, but the SEC is on record for saying that they will go after companies that have reported GAAP loses, but have used pro-forma to show gains. CSCO blew apart estimates, but fell largely due to accounting concerns imho. It's only a matter of time before the microscope shines on EMLX (and others). As far as I know EMLX has reported a GAAP loses in it's last 4 quarters yet has shown pro-forma gains in every one of them.