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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (1401)	7/8/2002 9:35:16 PM
From: Jerome	Respond to of 25522

Brian....thanks for the link..eom..Jerome

To: Proud_Infidel who wrote (1401)	7/8/2002 10:06:41 PM
From: StanX Long	Read Replies (1) \| Respond to of 25522

Thanks Brian, I just sent my letter. I have forwarded this to a few other too for support. Thanks again. Stan

To: Proud_Infidel who wrote (1401)	7/8/2002 11:16:37 PM
From: Dale Knipschield	Read Replies (2) \| Respond to of 25522

Thanks for the link. I WILL be sending my opinions! As I watched the proceedings today, I was aghast at the lack of forthrightness shown by all the witnesses called. I was also astounded to find out that "generally accepted accounting practices" have fallen to the level of being nothing more than a series of economic data "samples" pulled from various reporting systems within the company, then evaluated and then EXTRAPOLATED to characterize the overall accounting integrity of the complete financial statement! God help us, cause there's no one else doing it! Its a good thing most of the public was not able to watch the whole sorry mess, else the market might have dropped another 500 pts. It was truly scary to observe the lack of conscience and accountability shown by these corporate slime. I have always religiously voted my proxy shares, usually against all company proposals to throw open the coffers, knowing full well that my contrary voting would have little effect on the outcome. However, in the back of my mind, I always felt that surely corporate governance would not be so stupid as to BANKRUPT the company they oversee. How wrong I was! What I saw today truly scared me.............even more than the Enron rip-off, where there was at least some question of "interpretation" regarding their various "offshore"bookings. Here we have an open and shut case of fraud, booking expenses as capital expenditures, and no-one will accept responsibility! I wonder how much more of this is out there. I am really thinking about fully pulling out of the market. If we are lucky enough to get a pop-up over the next few days, I am gone from a bunch of holdings. I will be no sacrificial lamb for this market. Regards, Knip