Teletek (TLTK): Relaxed and Holding Message Board

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Technology Stocks : Teletek (TLTK): Relaxed and Holding

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To: Dee Jay who wrote (2193)	10/1/1996 11:12:00 PM
From: Joe Williamson	of 3645

The SEC filing said they lost 275M, but my point is use to be 2 MILLION lost last year according to the 10K for 1996. If the loss for last year is now only 275M, how did the numbers magically change? There is a restatement somewhere causing last year's numbers to be revised upward substantially (reducing their loss by over 1.7 million) and reducing this year's income is my guess not necessarily the 4th qtr which may in fact show a profit. In other words one or more of the first 3 quarters may be revised downward; perhaps the 4th will be impacted also, but my guess is that it's a profit.

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