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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Jeffrey S. Mitchell who wrote (4829)3/12/1998 9:02:00 AM
From: Bert Zed  Read Replies (2) of 10786
 
Jeff, beg to differ on this one. I've been at the sharp end of the audit on numerous occasions. You pick your earnings release date and work backwards. As long as Alydaar has done all the work it said it would it is down to the auditors to hit the deadline. If they don't they should get canned. If on the other hand the auditors team was in place and ready to go but Alydaar hadn't finished the audit packs then someone at Alydaar should be for the high jump. Or the other possibility is that there were so many audit adjustments or potential disagreements that the auditors had to do extra work before giving an audit opinion. They like to do this because they can up the price ! You would probably, bearing in mind the rapid growth experienced, give the benefit of the doubt to Alydaar this time.

regards,

Del.
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