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To: Haim R. Branisteanu who wrote (7505)11/9/1997 8:53:00 PM
From: Joan Osland Graffius  Respond to of 18056
 
Haim,>>Futher more hte Oxford debacle does reflect the sad consequences of "agressive" accounting practices which is used in many other industries reporting inflated earnings. Software comapnies comes to mind.

Are you alluding to the software companies treatment of stock options? What do you think about the conserative practice of accounting for future costs on the liabilities side of the balance sheet?

Joan