LHSP: Lernout En Hauspie Message Board

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Technology Stocks : LHSP: Lernout En Hauspie

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To: Walter Morton who wrote (2398)	11/9/2000 11:32:40 AM
From: the dodger	Read Replies (1) of 2467

*"The people who got some LHSP under $5 are doing great right now."* not anymore td dailynews.yahoo.com Nasdaq Halts Trade in Lernout & Hauspie WASHINGTON (Reuters) - The Nasdaq Stock Market said on Thursday it halted trading in troubled Belgian voice recognition company Lernout & Hauspie Speech Products NV. (NasdaqNM:LHSP - news) (LHSP.ED) Nasdaq said trading was halted at 8:21 a.m. EST (1321 GMT) as Nasdaq requested ``additional information'' from the company. The shares closed on Wednesday at $6-7/32. ``Trading will remain halted until the company has fully satisfied Nasdaq's request for additional information,'' a statement said. Further details were not immediately available. The company said Thursday it will restate results for 1998, 1999 and the first half of 2000. Lernout is the subject of a U.S. regulatory investigation into alleged discrepancies in its financial statements. Easdaq, the pan-European exchange based in Brussels, halted trading in L&H on Thursday pending clarification of its financial statements.

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