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Re: [sharechat] Accounting practices


From: hugh webber <hugh.webber@clear.net.nz>
Date: Tue, 26 Feb 2002 22:29:46 +1300


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.

----------
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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