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To: Glenn D. Rudolph who wrote (23184)10/27/1998 8:41:00 AM
From: e. boolean  Read Replies (1) | Respond to of 164685
 
Glenn -

I meant just what you have posted here recently (-$0.08 loss as of January, -$0.42 90 days ago, etc., and a pointer to this restatement of earnings so they could have it in hand tomorrow/Thurs a.m. when they react to the numbers). From the talk on squawkbox today, seems like the host Mark Haines might be the one to alert to the shenanigans. Probably anything you could put together would help!

So the guess now is that the -$0.38 or -$0.41 whispernumbers are as if they did not have to comply will the accounting standards, rather than due to some amazing increase in profitability?

e.b.

Of course, thanks for the clarification of the marketable securities. I've been so immersed in thoughts of money laundering schemes I was wondering what nefarious form they had put their junk proceeds into - why it was not accounted for as cash. Too much dwelling on this too late at night.:(