Here is the actual news report from WSJ.COM
Fore Gets SEC Letter Requesting Info On Accounting
By Joelle Tessler
NEW YORK (Dow Jones)--Fore Systems Inc. (FORE) said it may be forced to restate results for its second and third quarters of fiscal year 1999 to comply with Securities & Exchange Commission accounting methods for its recent purchase of Berkeley Networks Inc.
In a filing with the SEC on Wednesday, Fore disclosed that it had received a letter from the commission requesting additional information on its accounting treatment of purchased research and development, as well as a $5.1 million restructuring charge taken in connection with the purchase.
Fore did not immediately return phone calls.
Concerns that the company might be forced to restate its numbers for the second quarter, ended Sept. 30, 1998, and for the third quarter, ended Dec. 31, 1998, pushed Fore's shares down 24% earlier, to 12 1/2. More recently, the shares were down 12.9%, or 2 1/8, to 14 1/8. Volume already is equal to the stock's average daily turnover of 3.1 million
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