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Technology Stocks : HARBINGER (HRBC) -- Ignore unavailable to you. Want to Upgrade?

To: Diver who wrote (91)	2/4/1998 11:20:00 PM
From: Slim Pickens	Read Replies (2) \| Respond to of 402

I like the 4th quarter results and the tone of the press release. That little glitch with the year-to-date $0.51 actual vs. Zack's $0.54, well... Combining Premenos with Harbinger year-to-date results in revised third quarter per share figures due to different average number of shares outstanding, eliminations during consolidation and differences in GAAP, generally accepted accounting practices. Each Premenos share was replaced with .45 Harbinger shares in the fourth quarter changing the average number of shares outstanding for the year. Any transactions between Premenos and Harbinger reported as revenue prior to the merger would have to be eliminated upon consolidation. Differences in accounting practices in revenue recognition and cost accruals need to be restated to be consistent. Sorry, but I have no facts to support any of the above, just 25 years of financial management experience. Slim