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To: Chinacat who wrote (3047)1/17/1999 11:14:00 AM
From: Fred Fahmy  Read Replies (2) | Respond to of 3624
 
Chinacat,

Personally, I agree with Mark's reasoning for limiting selections to companies which are required to file standard SEC forms. It is very difficult to obtain information on many foreign entities. This doesn't mean that no one should invest in foreign companies. But a ground rule for the purposes of this contest which excludes foreign companies does not seem unreasonable to me.

I'm sure you were just being sarcastic, but your suggestion that racism and sexism might be next is not only out of line and in poor taste, but rather juvenile.

FF



To: Chinacat who wrote (3047)1/17/1999 1:09:00 PM
From: Mark Brophy  Read Replies (2) | Respond to of 3624
 
SAP has acknowledged the problem.

They are trying to get the German parliament to pass a law allowing them to make their earnings statements using U.S. GAAP rather than German accounting standards. They also had to reduce the numbers to conform to U.S. GAAP when they listed on NYSE.


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