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To: A Citizen Reporter
For heavens sake, whatever you do, DO NOT put the disclosure in the footnotes. That might allow Newsweek to claim that: few people outside the company seem to have picked up on the wording change.


From an article in the Washington Times a few days ago:


The suit says Halliburton and Andersen violated securities laws when they did not disclose and justify the accounting change in a letter to investors.
Halliburton's financial statements starting in 1998 do note, however, that it was booking uncollected revenue from cost overruns.

2,203 posted on 07/14/2002 8:36:40 PM PDT by Lady In Blue
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To: Lady In Blue
And, that fact was published in the annual report, which by law, is required to be mailed to each and every shareholder.
2,209 posted on 07/14/2002 8:43:47 PM PDT by terilyn
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