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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Wallace Rivers who wrote (16702)3/26/1998 1:05:00 PM
From: Broken_Clock  Read Replies (1) of 95453
 
Wallace,

Please post your source for the auditors not signing off on the MIND numbers. All i could find was this reference to the audit not being completed yet.

"
today announced that its public accounting firm has not completed its year-end audit, and as a result, the Company
currently is not prepared to release its financial results for the fourth quarter and year ended January 31, 1998. The
Company plans to release such financial results prior to April 30, 1998. Additionally, based upon its preliminary
analysis, the Company does not expect to meet analysts' estimates for the fourth quarter and the year. Factors
contributing to the Company's expected shortfall include customers not exercising purchase options on leased
equipment as anticipated, and a possible increase in allowance for doubtful accounts receivable related to certain
international customers. "

PK
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