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


To: technologiste who wrote (71339)7/19/2002 1:56:45 AM
From: Exacctnt  Respond to of 74651
 
Excellent post. Your reasoning is dead on.



To: technologiste who wrote (71339)7/19/2002 7:33:55 AM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
tech: All good and valid points. Preachin' to the choir. The reformers in the media and elsewhere are jerks who don't understand accounting. I am sure they would not know which side to put the debit or credit on. I am sure they would get it just backwards. Warren Buffet has his head up his butt on this one as does anyone else who is demanding these poor accounting changes.JFD



To: technologiste who wrote (71339)7/19/2002 1:18:59 PM
From: jonkai  Respond to of 74651
 
Numerous companies, many in high tech, would have had to "erase", or more accurately, not be allowed to report, billions in profits because they had issued stock option grants

imagine the horror.... instead of this increadible Bull Market bubble, and subsequent crash, and bankruptcies of business plans that made no sense and investors losing their life savings..

instead if the real expenses were shown of paying employees....we would have had a reasonable market that gained a little bit in 1997, 98 again in 99 2000, and then again in 01 02....... and we'd be right about where we are now, maybe a little less....

hmmm.....

jon.