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.

Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (3039)	3/1/2002 11:32:55 AM
From: Anthony Yeung (Hijacked)	Read Replies (1) \| Respond to of 3350

ratan, In business, there will always be winners and losers. A growing enterprise today might be a flop tomorrow. That is a chance that we all take when investing. My problem isn't with companies that fail. It is with CEOs who deliberately mislead the investor with false information, provided from accomplice accounting firms, in an effort to swindle the unsuspecting investor. Let me give you an example: IBM sells for $100 billion per year. As an investor, can I walk into their head office and demand they show me all the invoices and bank deposit statements? Obviously not!!! As an investor I rely on the integrity of the CEOs and the auditing firm which have access to this information to confirm these figures. My investment decision is then based on the information provided. What if I was intentionally misled and IBM's sales are really only $1 million per year. Would you say that my investment decision was based on MY poor judgement?