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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?


To: Martin Goldenberg who wrote (1630)6/19/1998 12:05:00 PM
From: Bill Arndt  Respond to of 2018
 
I wonder if the Andyne CEO departure had anything to do with the larger than expected special charge last quarter. Initially, the merger related charge was estimated at $1.6 mil by Hum's IR, and it then ballooned to $5.3 mil. Did Hum uncover some Andyne charges that weren't supposed to be there? I thought someone on this board mentioned that the source of the charge was to clear up accounting irregularities related to Andyne. Just curious as to whether there is any possible connection between the two events.

Bill.