Today, on Bloomberg, accounting and offshore bookkeeping were the topic of the day. Some of this implies, perhaps, illegality. I haven't seen that in Broadcom; they are zoomin' shareholders with, what appears to be, full disclosure (although, all of the lawsuits that I posted yesterday believe that that is not the case). The problem hasn't changed...notice how earningswhispers is now showing (.10)analysts est. earnings. This is ridiculous. All earningswhispers is doing is reporting what the analysts and the BRCM executives want to show you. The last earnings report is absurd, since BRCM let another $100,000,000 in bills go unpaid since last quarter... which now makes next quarter's earnings estimate even more ridiculous. So instead of the $28,800,000 LOSS, they should have reported a loss of $128,000,000 Q4, 2001), maybe more, to be consistent in their reporting. Is this illegal?...no. Is it immoral and misleading?...most certainly, in my opinion. Please remember, sales have not gone up in three quarters (to speak of), cash losses of $100,000,000, maybe $125,000,000 PER QUARTER, and about $425,000,000 in net readily sellable assets to their name (See Part I and PartII for explanation). What does that tell you? What are they going to announce come April...$511 Million in current liabilities instead of $411 Million? That would be the equivilent of almost 2/3 of a year of not paying bills. Time for Treasury Bills. Have you noticed that no one is contesting what I am writing? Fidelity, Vanguard, Barclay's Bank, Morgan Stanley (the underwriter), Putnam and other mutual funds should be more attentive. You really have to ask why a professional money manager would be anywhere near this stock.