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


To: jonkai who wrote (71408)7/20/2002 4:32:17 PM
From: DiViT  Read Replies (1) | Respond to of 74651
 
"..hiding expenses and smoothing quarters through cookie jar accounting.."

SEC investigated this and found nothing illegal that warranted penalties. The matter is settled.



To: jonkai who wrote (71408)7/22/2002 2:42:05 AM
From: David R  Read Replies (1) | Respond to of 74651
 
MSFT has $40B in cash. That is not accounting magic. They went the other way. They under-reported good quarters in an attempt to save revenue for lean quarters.

MSFT, like most other companies was over-valued by rabid inverstors in the bubble, and thus the correction was inevitable. At least MSFT inverstors own shares of a real company, not some piece of dot.com trash.