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To: bob zagorin who wrote (2434)5/1/1998 9:46:00 AM
From: jackhach  Respond to of 13797
 
Informative post.

Thanks!



To: bob zagorin who wrote (2434)5/1/1998 11:03:00 AM
From: Greg h2o  Read Replies (2) | Respond to of 13797
 
<<The rule applies for fiscal years beginning after Dec. 15, 1997. Companies operating on a calendar year had to comply in the first quarter of 1998, and those quarterly results are just coming out. >>

Again, just wanted to point out the dates surrounding this new accounting reg. IMHO this has NOTHING to do with the problems for '96 and '97 which are being revised by the auditor. It clearly WILL affect ALTS' earnings going forward, however. There's something FAR more sticky than this which is causing the trading halt....
greg