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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (146921)5/6/2002 11:04:38 AM
From: Mani1  Read Replies (1) | Respond to of 1573824
 
Re <<What's up with the CEO and CFO bolting? Its sounds like there is something more than a $100 million revenue error.>>

You are right, it could be even more than this revenue thing. I expected this revenue recognition issue, but the resignations adds more questions. PRGN should have a very difficult time closing deals now.

Re <<Any buzz in San Diego about it?>>

Not yet. PRGN ran into a lot of controversy with the new ball park for the Padres. Lot of fraud and insider trading accusation with the city council which delayed the project for 2 years. I think it had to do with the CFO which was appointed today.

Mani