[Am-info] Caldera
Erick Andrews
Erick Andrews" <eandrews@star.net
Fri, 15 Feb 2002 14:49:46 -0500 (EST)
On Fri, 15 Feb 2002 12:00:32 -0500, John J. Urbaniak wrote:
>OT, but not really.
>
>Got a proxy request from Caldera yesterday. I have about 3,000 shares.
>
>They want to "reverse split" 4 to 1.
>
>They want to approve Arthur Andersen as their accounting firm.
>
>Should I be worried?
>
>John
You know, with so many eyeballs on the news, so many accountants
quaking in their boots now, a new SEC chairman who's talking
tough reform, with the demise of Global Crossing and others coming
to light, with Sherron Watkins blowing the whistle, it could be a good
deal if AA doesn't go bust in the process. I'd guess they're still insurable.
Do you think that Caldera and AA could get away with cooking
the books? Maybe Caldera can get them for cheap in a benevolent
move to help restore AA's reputation.
Could it hurt Caldera?
BTW, what does a "reverse split" mean? Good for you? What's
Caldera's future?
--
Erick Andrews