[PLUG] Microsoft Earnings Report

[Jeme A Brelin]

On Thu, 23 Oct 2003, Phil Tomson wrote:
> So they're finally starting to admit that we're hitting them where it
> hurts.  ;-)

Or they're blaming us for the perceived drop in profits that they've had
to admit since the SEC has been cracking down on fallacious filings.

Microsoft (and MANY other companies... probably MOST large corporations)
have been lying to the SEC or publishing highly misleading financial data
for the last fifteen or twenty years.  The regulators have been turning a
blind eye to that sort of thing because it made "the economy" look better,
but situations like those with Enron and WorldCom and so forth coming to
the surface, companies have been slightly reluctant to lie as about their
earnings.

J.
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     Jeme A Brelin
    jeme at brelin.net
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