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Technology Stocks : SYQUEST

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To: Triluminary who wrote (4574)10/30/1997 10:12:00 PM
From: Michael Coley   of 7685
 
RE: (unaudited)?

>> I saw the word "(unaudited)" on the Syquest fourth quarter report. Aren't the fourth quarter results supposed to be audited? Is this a pre-release until the audited version comes out? <<

Good question. That's what I would assume, too. I'm pretty sure that the SEC requires annual reports to be audited (and maybe even quarterly?), but I'm not positive. The "official" numbers will be in the 10-K's and 10-Q's, but I've never seen them vary. I'm sure there's nothing fishy going on. (If there was, they would have made it look good! <G>)

Maybe someone more knowledgeable can confirm (or correct) our assumptions.

- Michael Coley
- i1.net
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