posted on August 4, 2002 02:13:50 PM
After reading the article, I have to disagree with you. This only says that because of the size(less than 1.2 billion in revenues), the CEO does not have to swear to the accuracy of the financial statement. The Feds (SEC or IRS) can look at any corporation at any time for any reason they come up with. This doesn't mean they will, but they can.
posted on August 5, 2002 03:12:39 PM
REAMOND,Does that mean the value behind the stocks? Like property,autos,real investments by cash and not stock? And cash on hand?
There can't be any cash on hand,Top people made sure of that since the Company went public.I read an artical a year ago about Co.s that continue to cash out on a regular
basis.This was written by a stock over seer,
It wasnt just ebay he was talking about,
but as an example.Take the money and run because it may crash any day.And that it looked bad to investors.ebay is the only auction sight that does this,The poor employees were made to sign off on holding their stock 4 years before they could cash in.it has looked to me like ebay didnt believe in ebay.
