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Strategies & Market Trends : Guidance and Visibility
AAPL 255.53-1.0%Jan 16 9:30 AM EST

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To: Jane4IceCream who wrote (148774)8/14/2006 6:23:40 AM
From: Jo Ellen T  Read Replies (1) of 208838
 
<< NEW YORK, Aug 14 (Reuters) - PMC-Sierra Inc. (PMCS.O: Quote, Profile, Research), on Monday said its audit committee had completed a review of its stock option award practices and found that incorrect accounting measurement dates for grants made during 1998 to 2001.

As a result, the company said it expects to make accounting adjustments to stockholders' equity as of Dec. 31, 2002 and on the balance sheets for all subsequent periods. >>

yahoo.reuters.com

No wonder they were stinkin' Fri.

:) JE
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