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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (50323)	2/13/2002 9:29:58 AM
From: hueyone	Read Replies (1) \| Respond to of 54805

Interesting comments. I suppose it could be argued that it is the CEO’s and CFO’s job to put the best face on his companies performance (although WEB would disagree.) The important thing is for the individual investor to do some deeper sleuthing of his own to analyze the quality of earnings and the trends. American companies disclose more accounting details in their SEC filings than companies anywhere else in the world and there is plenty of meat there for sleuthing. Personally, I have been suitably burned when I have failed to do the sleuthing and suitably rewarded when I have done the sleuthing---and I kind of like things this way. What do you think about McCain's proposed bill? I am in favor of it as briefly described below. Sen. Carl Levin, D- Mich., and Sen. John McCain, R-Ariz., are introducing legislation called "Ending Double Standards for Stock Options Act," that would deny these tax benefits or require companies to recognize the options as an expense. Sen. Levin is on the Governmental Affairs Committee, which is conducting an investigation of the Enron collapse. Levin is also the Chairman of the Permanent Subcommittee on Investigations. marketwatch.com Best, Huey