Remembering this is hearsay.
IT Investor was providing information on how any company may choose to "inflate revenues in the IT world".
I think dropping Enron in the same breath as Technology One is way off the mark.
Technology One, a business started in Qld about 30-40 years ago, still based in Qld and who's founder still actively working the growing business. A company who continues to make profit each year.
Enron, a company formed by a merger in 1985, a new chairman and chief exec appointed in 1985, they then relocate their business, start offering finance (an oil company offering finance), then they start trading options and futures on the market and lots of other truly dodgy practices including reporting a loss of $85 million when the true loss was around $150 million.
I'm struggling to see any fair comparison here....
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