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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (52245)	7/20/2002 2:42:10 AM
From: paul_philp	Read Replies (2) \| Respond to of 54805

Given the climate of the market lately, I would guess that a widespread adoption of conservative accounting practices would go a long way to easing the feeling of distrust that seems to be at high levels and escalating. I disagree. I think people will trust again when they are making money again. People didn't give two hoots for conservative accouting when they were making money. BTW, I did not say the issue was trivial just that it is economically trivial. Changing the accounting for stock options will not have anything but a trivial overall impact on the economy. I think we should do it because it is accurate. No more. No less. I certainly don't think it will 'fix' the market or 'kill' the technology industry. Paul Paul