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Pastimes : John Dessauer's Investors World

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To: The Verve who wrote (2156)9/14/1999 1:11:00 PM
From: DWB   of 2346
 
OH, and here's another hot one from your "reply"

"And one reason for that is that Symbios was never a publicly traded entity. They were, if effect, a private company and even LSI isn't entirely sure what the actual revenues for the first 3 quarters of the year were for Symbios. So while every other figure in LSI's 10K is warranted as accurate, the pro forma number is their best shot (guess) and they tell you so. "

So LSI spent all that money for a company, but they don't know what the revenue was??? PUHLEEEAZE! Just because YOU don't know the numbers, don't think that they don't.

So I guess since Symbios wasn't a "publicly" traded company, they didn't keep any books... what a laugh. I can't believe you wrote "LSI isn't entirely sure what the actual revenues for the first 3 quarter of the year were for Symbios." Do you think all the people in accounting were vaporized during the merger? Why wouldn't they know how much product Symbios sold, and for what price? What a totally goofy statement.

DWB
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