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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (53884)4/1/2000 1:13:00 PM
From: StockDung  Respond to of 122087
 
Cyber-Care Misses Deadline to File 10-K Report


Boynton Beach, Florida, April(Bloomberg) -- Cyber-Care Inc., which licenses equipment to monitor patients at home using the Internet, missed the deadline to file its annual 10-K report with the Securities and Exchange Commission.

Three minutes after the close of regular trading, at 4:03 p.m., the company filed a form NT 10-K with the SEC, explaining it was unable to file its 10-K report on time, citing ``unforeseen delays due to recent acquisitions and related business activities.'

The company issued a press release Thursday saying the 10-K, which requires the consent of its outside auditor, would be filed Friday. That sent the company's shares soaring 31 percent Friday, quelling concerns that the filing might be delayed. Cyber-Care rose 4 1/2 to 19 1/4 in trading of 2.74 million shares.

The form NT, although filed after the close of trading today, was signed Thursday by Cyber-Care's president, Paul Pershes.

Reached at the company's office today, Pershes said the NT was actually filed Friday by company attorneys, who inserted the wrong date next to his electronic signature.

He said the audit by its new auditor, Ernst & Young LLP, was ``just about' complete, and that the 10-K will be filed Monday.

``There's nothing wrong,' Pershes said of the delay. ``We're a large growing firm and we've had a lot of changes.'

Ernst & Young replaced Grant Thornton LLP, which resigned as Cyber-Care's auditor on May 20, 1999. On June 10, 1996, McGladrey & Pullen LLP resigned as auditor, four months after it was hired, saying it could no longer rely on representations of the company's prior management.

Apr/01/2000 11:43

For more stories from Bloomberg News, click here.

(C) Copyright 2000 Bloomberg L.P.



To: Anthony@Pacific who wrote (53884)4/1/2000 1:19:00 PM
From: Jack Hartmann  Read Replies (1) | Respond to of 122087
 
I remember when a radio station (WXRT) in Chicago announced they were going Top40 and all DJs were going to be fired. Even a competitor DJ came to play Top 40 hits on the alternative radio. Had listeners burning the phones in protest until they the station announced it was an April Fools joke.
This is the same as Smith's joke. Having read him for months, I fell for it until I read the one post here wondering if it was a joke. Having seen Smith on TV, this is along his sense of humor. He played himself as the fall guy so no one was hurt or ridiculed. Very similar to the classic dark humor of Andy Kaufman faking injuries.

Best to let it die, but I see Beth Kwon firing up her typewriter on this shenanigan.
Jack



To: Anthony@Pacific who wrote (53884)4/1/2000 1:27:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 122087
 
Tony, Tony... CHILL.

I know these are not exactly the best of times for you, between the biotech implosion and that unpleasantness coming up in DFW all too soon. But this no time to lose your sense of humor as well.

After giving the Chartman article the once over, in the spirit of April 1st I will lay YOU the usual $100 to a six-pack wager (make mine Sunkist), that the article will prove to be simply an April Fools' prank and a harmless one at that.

Please, Tony, for everyone's sake, stop going off half-cocked and just think about it a minute.