SI
SI
discoversearch

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 : Vari-L (VARL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: uel_Dave who wrote (2247)5/17/2000 5:36:00 PM
From: Bosco  Read Replies (2) of 2702
 
Hi Dave - while you are addressing Jeff [if memory serves, he was a LT investor in VARL,] I just want to clarify --- even though you didn't say it --- there is no accounting irregularity with VARL, at least not in the negative sense like cooking the books!

In fact, while 1997 restatement has lowered the revenue/earnings, it does not impede VARL current financial health. Additionally, the restatement of last Q is actually a positive one.

To end this with an analogy, tens of thousands of people in the US file for amended tax returns every year, they are not tax cheats and the govt doesn't throw them in jail.

best, Bosco
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext