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To: L. Adam Latham who wrote (62464)8/14/1998 10:44:00 AM
From: Gary Ng  Read Replies (1) | Respond to of 186894
 
Re: It's amazing that these people tried to simply invent revenue (among other things), and thought that they'd get away with it.

In many cases, they can. There is lots of investors which
care only about potentials :-).

A very good example is Intel. Our smart investors would like
to say 'Intel already got 85% of the market, the chances that
they can take more market share is slim, therefore, no
potential'. Then they turned to Intel's competitors and
just think that whoever it is, taking certain market share
from Intel's 85% is a piece of cake, whoo lots of potential.

I remembered someone forecast AMD is going to make 4.00/share
in 1998 back in 97 ? Seems that AMD is going to make 5.00/share
in Q4 1998.

Gary



To: L. Adam Latham who wrote (62464)8/14/1998 10:50:00 AM
From: dumbmoney  Read Replies (1) | Respond to of 186894
 
It's amazing that these people tried to simply invent revenue (among other things), and thought that they'd get away with it.

They did get away with it. The merger went through, and the CEO has his $35 million (plus stock) golden parachute.



To: L. Adam Latham who wrote (62464)8/14/1998 12:17:00 PM
From: Paul Engel  Respond to of 186894
 
Adam - Re: "There was a fascinating article in yesterday's WSJ about the Cendant/CUC/HFS fiasco, "

If that was an "on-line" article, would you mind posting it?

Thanks.

Paul