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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Michael Wong who wrote (26378)4/1/1999 6:40:00 PM
From: Richard Miller  Respond to of 122087
 
If you've got sources that close, you're our man.

What else do they say about what they are making, where it is shipped to, and how many employees and layoffs have there been lately.

Do they have any salesmen? How many units are on backorder?

Who was Beeman Beaman's best friend?



To: Michael Wong who wrote (26378)4/1/1999 10:15:00 PM
From: NYBellBoy  Respond to of 122087
 
CYOE Fans - If Mr. Beeman is a CPA, which I think he is, he decided that his career and CPA license was more important than staying CFO of CYOE. This is the worst possible sign for a company. Management would have been asking him to sign Financial Statements that were in in accordance with GAAP.

The 10Q is an unaudited quarterly filing with the SEC and management probably used assumptions in the financial statements that Mr. Beeman knew were either wrong or could not be or would not be corrected before Year End.

20/20 hindsight is great. I sincerely hope Mr. Beeman wrote a letter to the Chairman of the Audit Committee about his reasons for resigning and the errors, irregularities or omissions from the financial statements with which he does not agree. If he sent it Certified, Return Receipt Requested and kept a copy he will win a big lawsuit and the company is toast. If he needs help, just ring for the BellBoy.

:)

BellBoy