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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (170335)	7/23/2002 11:00:45 AM
From: mepci	Read Replies (1) \| Respond to of 176387

DJ: Our accounting rules helped because the tampering did not start till recently. I don't recall so much tampering with SE in the last 40 years. Mr. Sloanne moved power in corporations to Boards, because Durante (founder of GM) did many silly things with all the freedom given to him. Those rules are still serving GM well. But most CEOs were able to make the boards subservient to their whims over the years. DJ: Get of the blind beliefs, focus on facts and results not whishes and forecasts. Dell is still a great company to invest in. But the fact is the CFO stupidity lost money to the company and management is socking that to the shareholders. Result is that Dell will lose money unless option exercise price is atleast commensurate with the price at which the current treasury stock is valued at.

To: D.J.Smyth who wrote (170335)	7/23/2002 11:58:39 AM
From: TigerPaw	Read Replies (1) \| Respond to of 176387

Not all the rules have been in place 60 years. washingtonpost.com In particular the rules which govern swapping sales and expenses and revenues between subsidiaries are quite recent. For example the Phil Gramm law Phil Gramm S. 3283, "Commodity Futures Modernization Act of 2000" explicity said the SEC could not examine such swaps and did not provide for any other examination either and was well known to accountants. TP