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To: Knighty Tin who wrote (151390)	2/15/2002 9:41:19 AM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 436258

KT, >>IBM Faking earnings???? Ho Ho Ho - got puts!!!!! Joan

To: Knighty Tin who wrote (151390)	2/15/2002 9:56:57 AM
From: ild	Read Replies (3) \| Respond to of 436258

<<<``We considered this transaction as the ordinary course of business,'' IBM spokeswoman Carol Makovich was quoted as saying. ``This is not an unusual practice. Our auditors have reviewed it and approved it.'' >>> This is true! IBM has been doing this for years. No poots. Was going to buy today. <NG>

To: Knighty Tin who wrote (151390)	2/15/2002 1:06:57 PM
From: Mike M2	Read Replies (2) \| Respond to of 436258

KT, why would you think the auditors would sign off on such financial statements ? Are you suffering from Eronitis? - VBG . BTW there have been a fair number of companies who have nailed for aggressive/misleading accounting but they were all lower profile. Anyone who believes that ENE is an isolated incident may become a victim of TL & EV. The quality of earnings of many companies is very poor- I don't necessarily expect anything as bad as ENE but many companies are not doing as well as some dupes are led to believe. IMO