Forum Archive Index - February 2002
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Re: [sharechat] Accounting practices
Maybe ethnic cleansing is what's going on in Wilson Neill - I hold a small
position for historical
reasons and some regular amusement.
Its interesting though what effect holding even a small amount of a share does
to one
psychologically. Any reference is greeted with fevered interest, one keeps
files of newspaper
clippins, reports, analysis, know when the reports are due, the ex dividend & &.
Its probably good practice to have a small holding in everything except the no
hoper losers on the
NZSE as it keeps you on your toes and ready to strike when an opportunity
presents.
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From: Ruth Ayling <r.ayling@paradise.net.nz>
To: sharechat@sharechat.co.nz
Subject: [sharechat] Accounting practices
Date: Monday, 25 February 2002 17:43
An interesting article re the current accounting practices witch-hunt.
"The New York Post stories about Cisco are a template for attacking every
technology company in
America. An over-zealous fervor to wipe out even the most slightly suspicious
corporate behavior
threatens to become the business equivalent of ethnic cleansing – call it
"Enronic cleansing."
Article at http://www.capitalismmagazine.com/2002/february/dl_enronic.htm
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