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To: Lizzie Tudor who wrote (118702)4/19/1999 11:48:00 AM
From: jim kelley  Read Replies (1) | Respond to of 176387
 
Michelle,

CPQ's Q4 results looked very suspicious to me and Mason's decision to leave the company back in Q3 seems to confirm that he knew something was stinking in the books.

I think that there will be a restatement of accounting results going back at least a quarter but I do not think they can get it all done before report time on Wednesday. Hence, by next quarter would expect the full impact of the problems to surface under new management.

Less than .15 for sure.

Mason surely must of known about all this and decided to get out while he could leaving Ekhard to slowly twist in the wind.




To: Lizzie Tudor who wrote (118702)4/19/1999 12:15:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 176387
 
OT - I just saw the Boston Marathon is today. I didn't realize it was this early in the year... does anybody know what the weather is like there, it seems like its too cold (snow) in April still.

What a wierd day in the mkt, dow up 250 naz down 20, I don't recall ever seeing that kind of divergence.