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Pastimes : Things That Annoy Me

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To: TEDennis who wrote (1663)11/4/1998 12:22:00 AM
From: Wigglesworth  Read Replies (1) of 4023
 
Scientific Arithmetics!!! Or why Johnny can't add!


Boston Scientific plummets again
As much as $90 million in sales miscalculated

By Tiare Rath, CBS MarketWatch
Last Update: 5:56 PM ET Nov 3, 1998 NewsWatch

NATICK, Mass. (CBS.MW) -- When Boston Scientific investors heard the company's earnings would be delayed and that two of its top international executives were stepping down last week, they got nervous and quickly sold out of the stock.

It turns out they were right to be concerned. The medical devices company said Tuesday it miscalculated Japanese sales to the tune of $80 million to $90 million.
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