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Technology Stocks : Able Telecom (ABTE) -- Ignore unavailable to you. Want to Upgrade?


To: zx who wrote (291)9/14/1998 7:36:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 700
 
That the stock is doomed, the deal will not close, Clinton stays president, Mike Jordan wont come back, the end of time basically.

Actually it just means thatthe Auditors refused to accept managements explanation of key items, they were uncomfortable with certain transactions, and that they were unable to prove the revenues claimed and or sales noted and that Ernst & Young feels that it cannot provide an audited statement with verification procedures in place so.. the likely hood that ABTE has something toi hide is over 98%, and the stock is definately headed for serious trouble.. Arthutr Anderson will not touch this dog with fleas,, You dont usually see a bix 6 leave to be replaced by a big 6,...they usually get replaced by one of the tiny 10,000.