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To: Ken W who wrote (2059)5/29/2003 11:20:40 AM
From: arnold silver  Respond to of 23958
 
Ken,
VOXXE Came out with some good news to get rid of the E.
They make and sell sattelite radios,OEM and OTC sales.
This stock is up over a buck today.$7.84 now.
It should trade in concert with XMSR and SIRI.

Audiovox Corporation to Restate Results for Fiscal Years 2000, 2001 and the First Three Quarters of 2002

- Cumulative effect of changes is an increase of $1.0 million to net

income

- Certain expenses reclassified from operating expenses to cost of sales

for the same periods

HAUPPAUGE, N.Y., May 29 /PRNewswire-FirstCall/ -- Audiovox Corporation (Nasdaq:VOXXE) today announced that in connection with the previously announced Securities and Exchange Commission ("SEC") comment letter and the current audit, the Company expects to restate results for fiscal years 2000, 2001, and the first three quarters of fiscal 2002. The net effect of the adjustments is expected to have no impact on the Company's cash balances for any period.

The Company expects to file its Form 10-K for 2002 reflecting restatements for 2000, and 2001 and the first three quarters of fiscal 2002 as soon as the remaining SEC comments are resolved and the Company's audit is completed. As a result, until the audit is complete and the statements are filed, previously issued financial statements should no longer be relied upon until this process is completed.

Although adjustments vary by period, the cumulative effect of all of these changes, which include changes previously announced on March 14, 2003, is an unaudited $1.0 million increase in income over the periods. The unaudited net effect of all the restatement adjustments by period, including that previously announced on March 14,



To: Ken W who wrote (2059)5/29/2003 12:34:37 PM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Ken,

I thought INSM was over priced at .87 LOL. Little did I know. Along the lines of buy anything Biotech(did you see POTP yesterday). I had been tracking it and missed it. Whats your read on LSBC? I thought they seemed pricey after they doubled but now I am reconsidering by valuation thinking.

Joe



To: Ken W who wrote (2059)5/30/2003 11:02:55 AM
From: Sergio H  Read Replies (1) | Respond to of 23958
 
INSM

Looking for a late pop again today. I'm selling it for the folio at today's closing.