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Technology Stocks : Medirisk -- MDMD, is looking good!!!!!
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To: Tony van Werkhooven who wrote (16)3/20/1999 3:48:00 PM
From: stock leader  Read Replies (1) of 38
 
Regarding the "shareholder lawsuits"--Medirisk must
determine at the end of 1998 whether the lawsuits by the
shareholders will have an unfavorable outcome in the
future (i.e., Medirisk will have to pay a judgement). If
management determines that (1) the chance of an
unfavorable outcome is probable, and (2) the judgement is
reasonably estimatible, THEN Medirisk must record an
expense related to these "potential losses" on their 1998
financials. I do not have their 1998 Annual Report in
front of me, so I don't know how they disclosed this;
however I will look into it ....
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