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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Rich Nielsen who wrote (10144)	4/2/1998 2:03:00 AM
From: bob zagorin	Respond to of 14631

thanks rich. i'll take your story at face value and, since my calls don't expire until may, i don't have to make that decision right now. i've already decided to hold them thru the earnings announcement. btw, as a former reporter, i agree with your comments about the books. we all love to make things simple black and white but there are always..always...at least two sides to every story.

To: Rich Nielsen who wrote (10144)	4/2/1998 6:52:00 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 14631

I hate to bring this up old news up again, but I have always wondered how (and if) Phil and companys efforts in "cooking the books" was any different than what Larry did in the early 90s. Seems to me the main difference was timing. Orcl got caught doing this prior to an upswing in the database market. They cleaned things up and moved on with most of the same mgmt, and now no one remembers or cares. But ifmx was discovered at a time when recovery was much more difficult, and now Phil is permanently labelled with the mess, and people assume hes unemployable for life! Theres no doubt in my mind Larry was completely aware of all the revenue recognition on blank tapes, etc. at Oracle at the time. Im not saying that I would personally ever want to work for Ken 'the bolter' but its a pretty hypocritical world out there. Michelle