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Re: skully06 post# 33059

Friday, 11/17/2006 2:08:59 PM

Friday, November 17, 2006 2:08:59 PM

Post# of 84156
Skully,

I agree with you on some of their timing issues. The AFs for last year won't be pretty, we already know what they contain. But I can't think of any reason to delay releasing them. I had the same problem with ATWT not releasing forecasts of any kind before the accountants got through with the audits for the last few years. Large, listed companies release forecasts all the time, their quarterly results are not audited, and sometimes they miss their forecasts and sometimes they surpass them. Wiley does work hard on maintaining credibility, but reasonable guesses shouldn't be forbidden. By saying they'll release their audited numbers when they apply to the QX, does this mean if the plug gets pulled on the QX since there aren't enough companies to make it worthwhile, or some other reason, ATWT won't file audited financials? Your guess is as good as mine.

Bob