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Technology Stocks : Vari-L (VARL)

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To: Bosco who wrote (2228)5/17/2000 11:22:00 AM
From: John J. Riley  Read Replies (4) of 2702
 
Bosco, yes we are basically on the same wavelength. Dilution now will now take a back seat, the burning questions now are... where do we go from here? Have the books been cooked? Just what is going on? It doesn't take a PHD to read between these lines.

Excerpt and thoughts from Yahoo message board: From the press release:

"In connection therewith, the independent accounting firm is evaluating the Company's internal accounting procedures, including but not limited to the Company's policies and practices concerning the capitalization of labor expense and other costs and the appropriate documentation thereof. The Company believes that such evaluation may result in further adjustments of the Company's financial statements. The amount of such adjustments, if any, cannot presently be determined by the Company."

I'm back.... further adjustments, what further adjustments??
Are they laying the ground work for some nasty stuff down the road. Bosco you know what uncertainty does to the market... where you see one cockroach ....Hope I'm 100% wrong but it doesn't pass the smell test. All of this IMO, naturally.
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