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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Don Earl who wrote (15013)8/2/2002 9:18:38 AM
From: xdimitri  Read Replies (1) | Respond to of 78516
 
Don Earl,

Where I come from - Belgium - we officially only have tax accounting.

I agree on the options issue being far less critical than the fraudulent "capitalizing expenses" and other deceptive techniques. The options issue is only a matter of reporting and the dilutive effect can be calculated by any willing investor by simply crunching the available numbers.

It would indeed be foolish to believe that aug 14th will signal the end of the deceptive accounting at once.

dimitri