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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (11458)8/25/2000 10:55:41 AM
From: Mike E.  Respond to of 49816
 
Revisions back to 1998? Sheesh, the CEO will probably be indicted!

I guess speculation (since no hard news) is they were restating due to revised GAAP (Generally Accepted Accounting Procedures), but I didn't think the GAAP revisions affected a company like EMLX. I thought the recent GAAP revision were with respect to B2B's reporting of revenue, mostly.

I dunno, you can bet we haven't heard the last of this.

Message 14273939

mike



To: MulhollandDrive who wrote (11458)8/25/2000 10:57:53 AM
From: stan s.  Read Replies (3) | Respond to of 49816
 
what happens now? they can't reopen for trading for awhile I wouldn't think. what about those holding short? this reminds me of a stock 3-4 years ago, can't remember the name, ended up being delisted...just rambling.

I think the name of that one was centennial technologies.


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