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FRIDAY - AUGUST 16, 2002

Dear Friends and Industry Colleagues,

This is my weekly newsletter about Wireless Data and Radio Paging. You are receiving this message because you have either communicated with me in the past about a wireless topic, or your address was included in another e-mail that I received. This is not a SPAM. If you have received this message in error, and you are not interested in these topics, please click here, then click on "send" and you will be promptly removed from the mailing list.

Readership is still growing. Thanks again to everyone for your help and support.

WIRELESS NEWS

SUPREME COURT RULES EARNINGS SHOULD BE PROTECTED AS "ART"
Recognition of Pro-Formalist Movement Gets WorldCom, Andersen Off Hook

Washington, D.C. (SatireWire.com)—In a surprise decision that exonerates dozens of major companies, the U.S. Supreme Court today ruled that corporate earnings statements should be protected as works of art, as they "create something from nothing."

Installing the WorldCom exhibit at MOMA "One plus one is two. That is math. That is science. But as we have seen, earnings and revenues are abstract and original concepts, ideas not bound by physical constraints or coarse realities, and must therefore be considered art," the Court wrote in its 7-2 decision.

The impact of the ruling was widespread. Investigations into hundreds of firms were canceled, and collectors began snatching up original balance sheets, audits, and P&L statements from WorldCom, Enron, and Global Crossing. Meanwhile, auditing firms such as Arthur Andersen (now Art by Andersen) were reclassified as art critics, whose opinions are no longer liable.

"Before we had to go in and decide, 'Is it right, or is it wrong?'" said KPMG spokesman Dan Fischer. "Now we must only decide, 'Is it art?'"

In Congress, all further hearings into irregularities were abandoned in favor of an abstract accounting lecture given by Scott Sullivan, former Chief Financial Artist of WorldCom, which had been charged with fraud for improperly accounting for $3.85 billion.

"Art should reflect life, so what I was really trying to accomplish with this third quarter report was acknowledge that life is an illusion," said Sullivan, explaining his acclaimed work, "10Q for the Period Ending 9/30/01."

U.S. Rep. Billy Tauzin of Louisiana, however, was forced to apologize, admitting he could only see a lie.

"Yes, well, a man with a concretized view of the world may only be able to see numbers that 'Don't add up,'" said a haughty Sullivan. "But someone whose perceptions are not always chained to reality—a stock analyst, say—may see numbers that, like the human spirit, aspire to be greater than they are."

Several Sullivan pieces are now part of a new show at New York's Museum of Modern Art entitled, "Shadows & Spreadsheets: The Origins of Pro-Formalism."

Robert Weidlin, an SEC investigator and avid collector, was among the first to peruse the Enron exhibit, which takes up an entire wing of the museum "You look at these works, and you say 'Is this a profit, or a loss? Is this firm a subsidiary, or a holding company?'" said Walden. "I have stood in front of this one balance sheet for hours, and each moment I come away with something different."

Like other patrons, Weidlin said he didn't know whether to be impressed or outraged, a reaction that pleased Andrew Fastow, the former Enron CFA who is a leading proponent of the Trompe L' Shareholder style.

"An artist should not be afraid to be shocking," said Fastow. "As did the Modernists, we should fearlessly depart from tradition and embrace the use of innovative forms of expression. Like, say, 'Special Purpose Entities' and 'Pooling of Interests.'"

Sullivan, meanwhile, said he was influenced by the Flemish Masters, particularly Lernout & Hauspie, the Belgian speech recognition software company that collapsed last year after an audit discovered the firm had cooked its books in 1998, 1999, and 2000.

"Lernout & Hauspie simply invented sales figures, just willed them out of thin air and onto the paper," he said. "Me? I must live with a spreadsheet a long time before I begin to work it. You must be patient and wait until the numbers reveal themselves to you."

And what about the reaction to his work? "I realize people are angry, people are hurt. But I cannot concern myself with that," he said. "As with all true artists, I don't expect to be understood during my lifetime."

(The MOMA exhibit runs through Sept.3. Admission is $8, excluding a one-time write down of deferred stock compensation and other costs associated with the carrying value of inventory.)


POSITIONS WANTED
This week's emphasis is on paging and wireless professionals, technicians, engineers, and specialists looking for employment or consulting work.

It's no fun to be unemployed or underemployed. I know, I haven't had a real job since last year. Over the next two weeks I plan to give my condo and car back to their respective banks, and go on the road to visit friends and relatives in various states. I will continue to write this wireless newsletter and will still try to get an issue out every Friday. I will also continue to broker the sales of paging equipment, but a few days may lapse before I can answer your e-mails since I will be checking in with a laptop computer from points along the way. My wire-line telephone will be disconnected in about two weeks but I will keep my cell phone active. If I don't answer the cell phone, please leave a voice message.


GOOD DEALS
WANT TO BUY WANT TO SELL

 From the Ukraine:

“I search used pagers Twocan, for realization of operating repairs.”

Can you help?

4,500 refurbishing kits for the Motorola Memo Express pager. Available immediately at a good price.

photo 1  photo 2

“Please list me as the contact looking for a paging system in the San Francisco Bay area and the Denver area that is empty, operational and needing a new owner.  We do not need [a license].  We do need a control system and a minimal terminal. The system needs to be high speed FLEX capable [on 900 MHz].”

John Parmalee
Jparmalee@aol.com
281-259-6362  Fax
281-380-3811  Cell

 
Need to buy 2 LCC cards for GL3000 left arrow Carrier needs these cards, can you help?
20,000 VHF Arabic display pagers, preferably POCSAG but can use FLEX

 

 

Used Paging Transmitters

LOOK HERE right arrow

What do you think about this?

QTY DESCRIPTION MODEL PRICE
28 900 MHz Nucleus II TX w/ C-Net T-5482A $7,000
9 900 MHz Nucleus II TX w/ C-Net T-5482B $7,000
28 900 MHz Nucleus II TX w/ C-Net T-5482C $7,000
7 900 MHz Nucleus II TX w/ C-Net PT1104A $7,000
1 900 MHz Glenayre TX GL8600/C2000E $14,500

ADIÓS AMIGOS
Well, that's it for this week. Thanks again to everyone.

GOOD-BYE UNTIL NEXT WEEK

PAGING
INFORMATION
RESOURCE

Best regards,

BFD signature
Brad Dye
Wireless Data Consultant
3523 McKinney Ave. # 536
Dallas, TX 75204-1474 USA

Telephone: 214-219-9112
Cell phone: 972-523-8258
http://braddye.com/

(FLEX, ReFLEX, and InFLEXion are registered trademarks of Motorola Inc.)

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