Zeev's Turnips Patch-No Politics (ZEEV)

[marginnayan]

DJ - MIRANT CORP (MIR)

MIR: Chief executive and chief financial officer certified
financial results for 2001 and the first quarter of
2002, but delayed filing the Form 10-Q for its second
quarter to give its auditor more time to review second-
quarter financial statements.

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ALD: By any chance have you actually read ALD B/L sheet ? I asked a friend of mine about ALD's opinion and he told me that the B/L is complex since they have a lot of private investments, to which they can assign mark to market price, which are difficult to interpret in terms of real value.