Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (120279)	4/23/1999 1:09:00 PM
From: BGR	Read Replies (2) \| Respond to of 176387

CTC, It comes from being a devoted contrarion with a unhealthy amount of disrespect for one's fellow humans. Burke's philosophy (so it seems to me) is to do exactly opposite of what the "herd" is doing at any point of time. Now, while the majority is never completely right, in this fast-advancing technological world always doing the reverse of what majority does w/o any consideration for underlying rationale leads one to become a neo-Luddite w/o a cause. Therefore, all technological advance must be pointless, and all prosperity resulting from such advance must be an accounting game of smoke and mirrors. -BGR.

To: Chuzzlewit who wrote (120279)	4/23/1999 2:20:00 PM
From: Eggolas Moria	Read Replies (1) \| Respond to of 176387

<<BGR, the thing that gets me about the guys on the Burke thread is there is always the innuendo that the accounting is bogus. There is always something hidden and sneaky.>> Forensic accountants will tell you that is basically true. Given the nature of GAAP accounting, there are many places to dress up the financial statements with aggressiveness that belies the performance of the business. However, the issue is not whether the financials have some funniness in them. The issue is whether the red flags denote some material misrepresentation of the business.