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To: Robert Graham who wrote (10915)	5/22/1998 9:17:00 AM
From: Mark Finger	Read Replies (3) \| Respond to of 14631

Here is another article on the restatement: news.com >>Ernst & Young raised its concerns about Informix's current >>accounting practices a day after it was dismissed as the company's >>auditor. Ernst & Young served as Informix's auditors during the >>period in which Informix was forced to restate its results from >>prior years. If the above statement is true, the dismissal is long overdue. A company that cannot figure this out in a timely manner deserves to be fired. Their responsibility is to raise issues in a timely manner, and it should have been part of the normal audit to identify which companies fell into which categories. I am glad to see them gone, because they really failed on the "barter" issue a year ago, when they should have objected to the Phil pricing at full list price instead of normal discounts, allowing sales to be inflated. That is just one of the previous areas that E&Y failed the stockholders. Mark