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To: marginmike who wrote (179053)7/11/2002 7:45:41 AM
From: orkrious  Respond to of 436258
 
BMY Bristol-Myers faces SEC investigation-- FT (23.15)
The Financial Times reports that the SEC is investigating whether BMY inflated its revs by $1 bln last year; co officials have met with the SEC to discuss the circumstances behind sales to drug wholesalers that boosted inventories to unsustainable levels, and regulators are asking whether the co gave inappropriate incentives to wholesalers to help meet 2001 earnings expectations.



To: marginmike who wrote (179053)7/11/2002 8:38:21 AM
From: MythMan  Read Replies (2) | Respond to of 436258
 
PPT going to be tested this morning it would appear. Futures have shriveled up.