Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

RACE 394.68

-2.3%

9:52 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mama Bear who wrote (32152)	11/22/2000 8:35:19 AM
From: Bilow	Read Replies (1) of 33268

Hi Mama Bear; Took a look at RACE recently? Seems like quite the bargain now... Press Release PLANO, Texas, Nov. 21 /PRNewswire/ -- IP Axess (Nasdaq: RACE - news) announced today that at the recommendation of KPMG L.L.P., its independent auditors, the Company will not recognize any revenues associated with its first quarter shipment of 35 VocalWare servers and 840 VocalWare IP Clients valued at $701,000. These revenues will be recognized once payments for these products are received by the Company from the third party reseller. "Although the Company initially disagreed with the auditor's position, it determined that further argument and protest would not be in the best interest of the Company or its shareholders," said James G. Scogin, Senior Vice President- Finance and Chief Financial Officer. Although the Company ultimately complied with the auditors' recommendation, the auditors today informed the Company that they intend to resign. ... biz.yahoo.com finance.yahoo.com biz.yahoo.com Interesting insider (bad) trading: biz.yahoo.com -- Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next