Investors are having problems with reliability and the problem is that it's not impossible to fake a statement of cash flows.
More Quotes from Adam Adelman:
I'm a little surprised the market isn't acting more negatively. This does expose a real threat and Microsoft has always had the problem of shoring up confidence regarding its security flaws.Adam Adelman
People might be delaying some purchasing decisions and in the short-term, that's considered a negative.
Adam Adelman
This is a short-term positive for some tech companies but it's a longer-term negative for the U. S. economy.
Adam Adelman
Juniper, Foundry and Extreme will carve out a little niche for themselves, but their long-term growth potential is restricted by Cisco.
Adam Adelman
You can make a fair argument that they were undervalued. Some were priced for bankruptcy so it's not that surprising that we've seen this bounce.
Adam Adelman
It'll take another round of earnings to confirm some of the optimism that's been going around. And I don't know that I would say all the news was necessarily good. A lot of companies beat much-lowered expectations and didn't necessarily have rosy outlooks.
Adam Adelman
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