Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (15327)	8/26/2002 12:03:43 PM
From: Brinks	Read Replies (2) \| Respond to of 78673

As a CPA a qualified opinion such as Dixon's does not mean 'Stick a fork in it, it's done.' Far from it. In the case of Dixon the qualified opinion was issued because of the contingency pertaining to the subordinated debt renegotiation. Nothing more nothing less. I already explained this was due to senior debt putting a squeeze on the subordinated debt holders. Qualified opinions are issued all the time for numerous contingencies. It is worthwhile to study the 13D filing of Benjamin Graham's student Walter Schloss on NIAG. Note the leverage.