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Petroleum Geo Service ASA (PGO) Message Board

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  • wile_e99 wile_e99 Dec 22, 1998 2:08 PM Flag

    PGO $21.60

    I wish we could forget accounting problems. CD
    and SOC also use US GAAP. Until the Al Dunlap-types
    get long prison terms, we are always risking profit
    reports which are created rather than earned. I feel
    strongly that when the Al Dunlaps get NO parachute, and NO
    indemnification for the civil suit attorneys' fees, BY LAW, they
    will quit pulling the crap they pull. If Congress
    would quit wasting time on Bill Clinton's sex life, and
    start concentrating on the needs of the country, maybe
    they could enact something meaningful.

    I have
    more PGO than any other stock, and I'm only holding
    four stocks at present. I think this is a fabulous
    company. I am also a bit paranoid.

    Remember: Just
    because you're paranoid doesn't mean they aren't out to
    get you!

    Wile E.

 

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