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To: Chuzzlewit who wrote (3796)4/10/1998 10:10:00 PM
From: Investor2  Read Replies (1) | Respond to of 78516
 
Re: "The only way you would know these practices [over-inflating the booked value of assets] is if you had detailed knowledge of the computer business, and knowledge of the product life cycle."

Even if you did have knowledge of the computer business, etc., how could you know that the companies assets are phony?

Thanks,

I2



To: Chuzzlewit who wrote (3796)4/10/1998 11:37:00 PM
From: jeffbas  Respond to of 78516
 
It was Leasco, I believe.

To Investor2 - There was considerable discussion in the financial press at the time about the issues you mentioned.


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