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


To: LWolf who wrote (42670)5/17/1998 11:40:00 AM
From: Lucretius  Read Replies (2) | Respond to of 176387
 
Yes, it specifically mentions DELL many times. Go to Forbes.com and put "options" into the search box, read the options story and then click on "continue" to go to the main story. It is rather long, but mentions DELL several times in a not so nice manner. I posted some of the comments about DELL earlier. DELL was sepcifically mentioned as one of the top 10 worst at this kind of accounting manipulation. The article states that if the true impact ioif options was taken into account and expensed as salary expense, DELL would have incurred a loss in '96 and had its earnings cut in half or more last yr. When people start to wake up to what DELL is doing w/ their accounting manipulation, this stock could see the teens. It WILL happen, mark my words. These options will be blamed for the current mania when it is all over, much like inisder trading and margin buying were blamed for the 1929 crash. Congress supposedly solved these problems w/ the '33 and '34 acts. We will see an act of 2000 or 2001 that will probably take accounting standards out of the hands of FASB and put them in some gov agency. Watch!

-Lucretius