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Non-Tech : Telespectrum Worldwide (TLSP)

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To: Daniel Schumacher who wrote (204)3/18/1998 1:56:00 AM
From: Ian_s   of 265
 
Daniel,

See there press release from 2/17/98:

"In addition, the Company is currently reviewing the carrying value of its goodwill and certain call center assets and believes it will reduce these values by taking a charge in its fourth quarter 1997 results of operations."

I've heard from sources, but have not confirmed, that this goodwill value may be as high as $8 per share. This will most likely be revised downward significantly.
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