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Thursday, 07/11/2002 5:04:48 PM

Thursday, July 11, 2002 5:04:48 PM

Post# of 78729
I think the Senate just helped NVEI and the markets out with this one..jmho of course. The DJ reversed a 200+ point loss and closed just slightly positive and the NAZ was green today allowing a mood change to commence. Now it is up to Tom to rally our Investors both new and existing. Great agenda for tomorrow and nothing but positive events in our future. Go New Visual.

Reasons for a rally....

Senate buries stock-option expensing reform by Rex Nutting

The Senate killed without a vote a proposal by Sen. John McCain, R-Ariz., that would require companies to account for the costs of stock options grants in their quarterly and annual reports. McCain promised that he would not rest until the Senate votes on the issue. McCain said current accounting of stock options has misallocated capital toward high-tech firms and amounts to just another accounting lie. Killing McCain's amendment to the accounting reform bill was a top priority of the U.S. Chamber of Commerce and high-tech lobbyists.



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