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Technology Stocks : Vantive Corporation

VNTV 77.60

+2.6%

Jan 12 4:00 PM EST

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To: P314159d who wrote (2830)	3/22/1999 9:56:00 AM
From: vinod Khurana	of 3033

Vantive not required to restate results Reuters Story - March 22, 1999 08:29 SANTA CLARA, Calif., March 22 (Reuters) - Vantive, Inc. said on Monday that it will not be required restate any financial statements for the 1997 and 1998 reporting periods following a review by the U.S. Securities and Exchange Commission. Vantive, a computer software company, said SEC was reviewing its accounting for research & development charges taken in connection with the acquisitions of Innovative Computer Concepts Inc. in 1997, and Wayfarer Communications Inc. in 1998. Shares of Vantive closed Friday at at 11-7/8,

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