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To: Andrew H who wrote (159)7/16/1998 7:08:00 PM
From: simarx  Read Replies (2) | Respond to of 27722
 
They corrected it within hours. That means that they had the numbers right in front of them and made a conscious decision hoping to move that line into the next quarter. They put the release out the door and then something forced their hand. No press release from a legit company would go out without first being reviewed by their council.

So we can deduce that the release went out before their legal council was allowed to respond. Upon finding out, he forced their hand and made them abide by proper accounting standards. Remember, this has now become a pattern. They informed CNBC that they could not make the interview because their lawyers informed them that they were in a quiet period due to their negotiating another filing. Do you see the pattern. The companies management makes decisions before they receive their legal council's approval. Not a good practice.

This will force at least a minor investigation, if only a few phone calls. But, it is always scary when you are an investor for this to happen.