Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator -- Ignore unavailable to you. Want to Upgrade?

To: Keith Hankin who wrote (19920)	6/5/1998 12:33:00 PM
From: Reginald Middleton	Read Replies (2) \| Respond to of 24154

<E-Commerce is a profitless marketplace???> For some companies yes (ask cybercash), but much more so for portal companies. I do see NSCP spending considerable resources on becoming a portal company. Am I wrong? <Why is this a bad sign?> It shows management can't be trusted to be straightforward in the reporting of thier current situation. <Doesn't every company try to present the best financial story that they can? Don't you think that MSFT uses lots of cheap accounting tricks? Besides, it's not as if we hid anything. It was all there for anyone to see, despite what some of the press has said.> MSFT is VERY conservative in thier accounting (go through thier financial statments and notice all of the reserves taken against liabilities), as is INTC, which is a reason why they carry higher valuations than thier peers. Trust. NSCP's accounting practices have become very aggressive. As for anyone being able to see it, was the reason for the change in reporting periods footnoted and/or indicated orally by mgmt? Why were the asset sales labeled generically instead of letting us know specifically what was sold? Were these monies listed as non-operating profit so as to let all of us now that your operating profits were still at a loss or was everything lumped into operating profits so as to appear that NSCP's operations are improving? I really didn't look that deep into this, so these are real and not rhetoric questions. <Yes, I can understand this perspective, however investments are made for the future, not the past. You have to invest based upon where companies are going, not where they've been.> That does not mean you disregard the past.