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To: sibe who wrote (5313)3/27/1998 7:10:00 PM
From: Josef Svejk  Respond to of 10786
 
#reply-3867267



To: sibe who wrote (5313)3/28/1998 7:19:00 AM
From: JDN  Respond to of 10786
 
Dear Sibe: The reason given for the delay is that "accountants require more time to review the financial statements". I dont know for sure but generally this means either internal accounting is quite weak and unable to close books and make proper adjustments in a timely manner or external accountants (CPA"S) are wrestling with an accounting treatment such as Revenue Recognition. JDN



To: sibe who wrote (5313)3/28/1998 1:00:00 PM
From: P. Ramamoorthy  Respond to of 10786
 
sibe -
It's not 10-K. It is NT 10-K (Notification of late filing). I wish they filed 10-K. Ram