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Technology Stocks : Avant (AVNT)

AVNT 36.71

-0.6%

Jan 27 3:59 PM EST

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To: tonto who wrote (773)	10/1/1997 11:14:00 AM
From: Joss	of 3441

Tonto, The last company I have knowledge of that was caught cooking the books may serve as a model....Future Health care was trading at $24. Then, the news came out that they had been overstating the revenues. Stock dropped to $4-6 and stayed there untill bankruptcy was declared. Up until the time that the company got caught, there was only 1 sign...they paid over 90 days... late. We should check with some of Informix creditors and see what the turn around time is, Might give us an early signal (as though one was needed <grin>) on AVNT if the same is happening. Steve

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