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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (6464)1/11/1999 2:08:00 PM
From: Christiaan McDonald  Read Replies (1) | Respond to of 21143
 
Jeff, they do have top 5 accountants. Also, they changed accountants
a couple of years ago and both the old and the new accountants gave
them a clean bill. The new is KMPG Peat Marwick. The old is
Price Waterhouse.
Ken



To: jeffbas who wrote (6464)1/11/1999 3:24:00 PM
From: steve olivier  Read Replies (2) | Respond to of 21143
 
Jeff, I generally agree. Any company with a financial group worth their salt,should be able to close and report results within 20 days of a period end. Who knows why ccur can't, but I don't think it matters to us.

Ken, the outside auditors don't close the books. So the fact that they are audited by a big five firm doesn't mean they should be able to close quickly. However, it should give you a lot more confidence in the numbers.


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