Go to Jeff Salisbury LWGate Home Page.From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] Market trend
Date: Mon, 05 Aug 2002 21:19:07 -0500
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Tom, thanks for the alert.... I went there and here's the URL. Pleased =
to see my former employer has already signed the form.
http://www.sec.gov/rules/extra/ceocfo.htm
Gene
----- Original Message -----=20
From: Tom Worley=20
To: canslim@lists.xmission.com=20
Sent: Monday, August 05, 2002 8:43 PM
Subject: Re: [CANSLIM] Market trend
in reviewing Reuters headlines this morning, I noticed that the SEC is =
now
posting on their website the lists of companies that have complied (at =
least
technically) with the certification requirement. Of course, doesn't =
mean
their financial report was honest or accurate, just that the CEO and =
CFO
certified it as such.
----- Original Message -----
From: <Spencer48@aol.com>
To: <canslim@lists.xmission.com>
Sent: Monday, August 05, 2002 11:32 AM
Subject: Re: [CANSLIM] Market trend
Dan:
I think institutions and retail buyers are not buying because =
they
don't know how much corruption of books there is. Many say that the
percentage of companies with fraudulent books is relatively small. =
But so
what. One don't know which company is engaging in fradulent =
accounting and
which isn't.
I agree with you that seeing CFOs and CEOs in handcuffs isn't =
going to
significantly contribute to investor confidence. However, what it =
does do
(I believe) is deter other CEOs and CFOs from moving over to the dark =
side.
That's why televising the Wall Street honchos is important.
Once investors see that the government is serious in enforcing =
the laws
against fraudulent accounting, the market will be favorably affectd.
jans
In a message dated Sat, 3 Aug 2002 6:43:57 PM Eastern Standard Time,
dforant1@nycap.rr.com writes:
> This market is more effected by bad earnings and p/e's. The bubble =
burst a
> long time ago. It's just going to take more quarters to swing the =
market.
> Notice the newly handcuffed Wall Street perpetrators that didn't =
rally the
> market recently like the first arrests. I never bought into that. =
The real
> culprits are, p/e's, and earnings along with the 9/11 disaster that =
broke
> the camels back. Some say stocks are cheap. Yeah, tech's,
> try em.
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<DIV><FONT face=3D"Comic Sans MS">Tom, thanks for the alert.... I went =
there and=20
here's the URL. Pleased to see my former employer has already signed the =
form.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS"><A=20
href=3D"http://www.sec.gov/rules/extra/ceocfo.htm">http://www.sec.gov/rul=
es/extra/ceocfo.htm</A></FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS">Gene</FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
Worley</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, August 05, 2002 =
8:43=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Market =
trend</DIV>
<DIV><BR></DIV>in reviewing Reuters headlines this morning, I noticed =
that the=20
SEC is now<BR>posting on their website the lists of companies that =
have=20
complied (at least<BR>technically) with the certification requirement. =
Of=20
course, doesn't mean<BR>their financial report was honest or accurate, =
just=20
that the CEO and CFO<BR>certified it as such.<BR><BR>----- Original =
Message=20
-----<BR>From: <<A=20
href=3D"mailto:Spencer48@aol.com">Spencer48@aol.com</A>><BR>To: =
<<A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
><BR>Sent:=20
Monday, August 05, 2002 11:32 AM<BR>Subject: Re: [CANSLIM] Market=20
trend<BR><BR><BR>Dan:<BR><BR> I think =
institutions and=20
retail buyers are not buying because they<BR>don't know how much =
corruption of=20
books there is. Many say that the<BR>percentage of companies =
with=20
fraudulent books is relatively small. But so<BR>what. One =
don't=20
know which company is engaging in fradulent accounting and<BR>which=20
isn't.<BR><BR> I agree with you that seeing =
CFOs and=20
CEOs in handcuffs isn't going to<BR>significantly contribute to =
investor=20
confidence. However, what it does do<BR>(I believe) is deter =
other CEOs=20
and CFOs from moving over to the dark side.<BR>That's why televising =
the Wall=20
Street honchos is important.<BR><BR> Once =
investors=20
see that the government is serious in enforcing the laws<BR>against =
fraudulent=20
accounting, the market will be favorably=20
=
affectd.<BR><BR> &nb=
sp; &nbs=
p; =20
jans<BR><BR><BR>In a message dated Sat, 3 Aug 2002 6:43:57 PM Eastern =
Standard=20
Time,<BR><A =
href=3D"mailto:dforant1@nycap.rr.com">dforant1@nycap.rr.com</A>=20
writes:<BR><BR>> This market is more effected by bad earnings and =
p/e's.=20
The bubble burst a<BR>> long time ago. It's just going to take more =
quarters to swing the market.<BR>> Notice the newly handcuffed Wall =
Street=20
perpetrators that didn't rally the<BR>> market recently like the =
first=20
arrests. I never bought into that. The real<BR>> culprits are, =
p/e's, and=20
earnings along with the 9/11 disaster that broke<BR>> the camels =
back. Some=20
say stocks are cheap. Yeah, tech's,<BR>> try =
em.<BR><BR><BR><BR>-<BR>-To=20
subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your email.<BR><BR><BR><BR><BR>-<BR>-To=20
subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML>
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Next Article (by Author): Re: [CANSLIM] defamation KrisFg@aol.com
Previous Article (by Author): [CANSLIM] defamation "Donald Wallker"
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