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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: larry who wrote (11669)	7/17/1998 9:30:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 18691

>Just curious, I have heard lots of rumors with respect to AOL's fraudulent accounting. Any truth behind the rumors?< The rumors are true. I used to dissect their 10Qs 10Ks at the thread when they came out but I got tired of wasting my time as investors do not care. Early recognition of contract revenue, capitalization of software development costs and marketing costs, are some of them. No one really cares about accounting these days most people pushing stocks cannot read [intelligently] a CF statement. Look at the insider selling for LCOS reported today, the stock barely moved. Pancho