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Technology Stocks : PEGA - Pegasystems
PEGA 62.13-0.8%Dec 24 12:59 PM EST
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To: Bill Harmond who wrote (278)11/18/1997 4:25:00 PM
From: Trader Dave  Read Replies (2) of 504
 
ernst and young responded to 8k filed by company. I am not a cfa, but it looks like they dispute company's assertion that they approved treatment of deal. it also looks like company wanted to recognize $11 million of FDC revenue in the september quarter!

very interesting....
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