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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (8912)	9/20/1998 8:46:00 PM
From: James Wright	Read Replies (1) \| Respond to of 29382

Sergio -- You beat me to it. I was going to post a warning about the Barron's article for anyone on this thread who recently bought THNK, but I see you already did so. I read the Barron's article Saturday morning, and frankly there was nothing new in the article which had not been extensively debated on the Yahoo THNK board over the last couple of months. The issues regarding THNK's accounting practices have been fully disclosed in THNK's SEC filings going back at least a couple of quarters. Also, E&Y did a comprehensive review, and on Thursday in the annual report concluded that no adjustment was necessary to THNK's past reports. Nonetheless, the Barron's article covered that old ground, which may cause a drop tomorrow in THNK's price. If there is no drop, then buy -- THNK will continue to climb. By the way, my view is that there is no question that THNK is growing rapidly. The primary debate is when those rapidly growing revenues should be reflected in THNK's financial statements. Thus, the question is whether to show revenues sooner, or show them later. Either way, the revenues are real and that's the bottom line. Tomorrow should be interesting. -- Jim