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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Jordan A. Sheridan who wrote (66252)3/21/2002 11:51:15 AM
From: jonkai  Respond to of 74651
 
According to the generally accepted accounting practices, this stock isn't trading anywhere near 100 times earnings...

according to generally accepted accounting practices... ENRON was doing just fine...... (by the way, ENRON was on the list of "most admired companies" in 2000, just like MSFT was.....)

according to real numbers, including the numbers MSFT shows the IRS, the P/E is nearly double what you see by using the flawed GAAP rules.....(look it up in the back of MSFT's reports) as the former head of the SEC said that the GAAP rules were flawed....

and all the ENRON shareholders found out the hard way that GAAP rules are flawed, are you willing to make the same mistake????? fool you twice, and you are a fool.....

jon.



To: Jordan A. Sheridan who wrote (66252)3/21/2002 12:11:16 PM
From: Baldur Fjvlnisson  Respond to of 74651
 
Pro-forma I'm 22, incredibly handsome

and beset by beautiful ladies.

But the reality is different.

This junk does not fully charge operating
costs to earnings.

It is trading at 100 times earnings.

Investors will discount that FACT and
this junk will tank.

Nothing can prevent this.