Byt the way, you realy have to be naive to believe that TSAI's accounting has been "squeeky" clean. Firstly, their practice of front end loading contracts has just been struck down by the SEC as "undesireable" at best...illeagle under the new accounting rules. They are also going to take one hell of a hit from their stock options...in case you haven't heard, Congress, the SEC and FED are all looking at changing the way companies disclose these stock options. Fish, Russel, et al, must be really releaved that they got out when they did. Now, I wonder if there is any ENRON attitude here....
Finally, my sorry, hapless son, TSAI...is still audited by Anderson. Let the class action suites begin...short this puppy. Lets make some money!!!!
Please describe the "front end loading" practices you allude to in detail...just to show the rest of us you have a shred of basis for your opinions or any real undestanding of the subjects on which you repeatedly post. Also, please cite the specific pronouncement which makes these practices "undesireable"(sic) or "illeagle" (sic)(sic). I'll wait, but I won't hold my breath.
Also, please learn to spell. You're bitter enough that you must be a former employee, and you make us all look really, really bad.
The TSAI practice of loading the value of a contract and taking all the money up front. I believe the ACI word is "puffed". Yes, we do know what we are talking about. If you don't, obviously you are not as well informed as you think. What TSAI did with pro forma has NO basis in the real world. Why hide how bad the company is doing? Why would Boyer have left if the company was on such solid ground?
I am glad you are on the side of your employer but the better questions to ask are how can Vipond and the boys bunus themselves when the 2001 fiscal was a disaster and why does Denny Jurgenson get a $24k car allowance? I suggest you read your stockholder report and decide where this company is headed. Again, no one had the balls to ask tough questions at the employee meeting so why don't you fill us in, or just go away!
And before you begin to blast grammar and spelling, I suggest you take a global view and realize the English language is not everyone's true tongue. You come across as a biggott.