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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (53657)	3/27/1999 5:59:00 PM
From: re3	Read Replies (2) \| Respond to of 132070

Hi MB, silly question...What is channel stuffing ? Howard

To: Knighty Tin who wrote (53657)	3/27/1999 6:03:00 PM
From: re3	Read Replies (1) \| Respond to of 132070

<<< A dandy but incomplete article about how CPAs have been dropping the ball on catching eps scams. They mainly concentrate on the reorganization sleight of hand, but there is so much more: put warrants, channel stuffing, receivables dumps, inventory buildups, employee options, executive raping of the shareholders' money, one time gains as well as losses, etc. >>> Isin't there some sort of institute for accountants to work on such issues...What ARE they doing all day ? <g> Howard

To: Knighty Tin who wrote (53657)	3/27/1999 6:37:00 PM
From: J. P.	Read Replies (3) \| Respond to of 132070

Did you see Cavuto Busines Report today? The Bear Stearns chief economist (can't remember his name, has what sounds like a brit accent) is completely bullish on the economy. Even reco'd buying into net play equities. I am sensing the pundits getting more bullish by the day here. Makes me feel good from a contrarian standpoint, but these are the guys with all the money who move the markets... Edit: NATO plane just reported shot down, how are the bulls gonna spin this on Monday -nfg-

To: Knighty Tin who wrote (53657)	3/27/1999 8:05:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

mike, speaking of options scams... my friend works for a company that has an espp plan that allows him to take the lower of the stock price at the time he was hired or the present stock price. he's putting 10-15% (you can believe the max!) of his pay in there and buying a $51 stock for $11. so, his espp turns out to be 40% of his salary. nice deal, huh? this doesn't count his freebie options... thank you sucker shareholders!