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.

Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: FlatTaxMan who wrote (9324)	6/20/1998 12:32:00 AM
From: Jon Tara	Read Replies (1) \| Respond to of 18444

Why should you have to reverse-engineer the financial state of the company, though? Why can't the company simply tell their shareholders? Why would anybody invest in a company that doesn't think enough of their shareholders to tell them their financial condition? In any case, your analogy is seriously flawed: you cannot reverse-engineer a piece of electronic equipment from 50 yards with a pair of binoculars - you need to dig in side and pick it apart in great detail. You also cannot reverse-engineer the financial condition of a company from the outside where we stand - you would need to dig-in, and access information we can't get at. But perhaps this is that the auditors are doing now. Perhaps they have been handed a shoe-box, and are at this very moment reverse-engineering the financials... Let's ask Aleta what she intended with this digging she's been doing. She's got a pretty level head - I'll bet she has no asperations of reverse-engineering the financial state of the company, but is simply taking the prudent step of learning whatever she CAN learn, but knowing full-well that it's going to fall way short of and be way less accurate than what we would learn if the company would simply release an income statement and balance sheet to it's shareholders.