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Social Responsibility Of Job Sites - Internet Search Portal Calls For More Collaboration

Dublin, Ireland, April 23, 2007 – Facing the increasing competition between job sites, the recently started Internet search portal better-job-offers.com criticises sites that do not show any interest in sharing their results. Due to their advertising deals, most sites try to lure job seekers on their virtual premises, which can increase disorientation between users.


Ramifications of the Options Backdating Scandal for 2007; Some Questions

What are the top 3 ramifications of the options backdating scandal? If you remove the usual tax consequences, shareholder lawsuits, restatement, etc. What things do we see coming down in terms of legislation / new rules and regulations and where are the opportunities?


Enron: Skilling & Lay: How Much Blame?

In regards to the Enron Collapse various parties have and may still be found to have a portion of the blame and shareholders and employees who have suffered most are certainly keen to see final outcomes to this situation. However one of the major contributors may never be accounted for; this being the market itself. When we ask how much blame we are really looking at dollars lost. In December 1999 the share price was $US100 plus, in March/April 2000 period it was around $US55 to $US60. On 19th December 2000 the price was $US 0.19, that is 19 cents before Enron went into liquidation. Using the Reported Annual results for the year ended 31st December 1999 and assuming no changes into the future, I have calculated the underlying intrinsic share price as $US4.54. This calculating is based on normal traditional discounted cash flow methodology. Is it any surprise that the share price of Enron was destined to decline sharply? A rapid decline in share price can lead to a lack of confidence in the stock and further add to the decline in price.



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