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


To: Anthony@Pacific who wrote (315)9/14/1998 8:20:00 PM
From: JOHN IACOVACCI  Read Replies (2) | Respond to of 700
 
WRONG!!! 10q Delayed not earnings annoucement

BORROWED FROM YAHOO

Spoke To FGaines BanjoJ
Sep 14 1998
7:09PM EDT
earnings will come out tomm..by close of biz or before..
change in auditors saved company 400K---and further delay!
10Q was just impossible to file in time with the acquist. due to completion issues.
The 10Q should be out by next Wed.
They don't want to take calls so they can work and get these done.
The shorts that see the worst are welcome to their thoughts...
The company just did a wonderful deal..and this delay of the 10Q is not unexpected. Due to its size..and items. This was a huge task discovering the fiber and the value vs. debt of NT...
So lets give the company a chance to put the earnings out tomm.
Kaufmann thinks 22 cents.
They are working hard as they can....and everything will come out ok...
peace
banjo





To: Anthony@Pacific who wrote (315)9/14/1998 8:24:00 PM
From: JOHN IACOVACCI  Read Replies (1) | Respond to of 700
 
MORE GREAT YAHOO MOMENTS

The truth... telpro99
Sep 14 1998
8:13PM EDT
Do you seriously think that the auditors (ARTHUR ANDERSON) would have given thumbs up to this acquisition if they saw any irregularities? The facts are simple, Able utilized Arthur Anderson for three reasons: they are MFSNT's auditors, they were cheaper (approx 400k) and they are much larger than E&Y so they will be able to handle their needs more that they are a larger company.

E&Y left because they were only one of the auditors that was put up for bid...they didn't have anything even closely related to an earnings issue...

This stock is strong...don't be manipulated again by shorts!