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So the accounting practices that MSFT got in trouble for (as I recall, pulling and pushing sales into different quarters to smooth growth and suit projections)
by rjvs 8y ago
So the accounting practices that MSFT got in trouble for (as I recall, pulling and pushing sales into different quarters to smooth growth and suit projections) was the stock price taking care of itself?
- WalterBright 8y agoCan you provide a year for that?
- rjvs 8y ago1999-2002 • https://www.nytimes.com/1999/07/01/business/microsoft-s-accounting-under-scrutiny.html https://www.nytimes.com/1999/07/01/business/microsoft-s-acco... • https://www.sec.gov/news/press/2002-80.htm https://www.sec.gov/news/press/2002-80.htm
- WalterBright 8y agoThanks for posting that. Wish I had a reference to when Gates made that statement.
- hammock 8y agoInteresting as MSFT met or exceeded earnings forecast from the street for 41 out of the first 42 quarters. Makes you wonder