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Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement
in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers,
and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business.
In short, don't blame the accountants if the company files for bankruptcy protection.
You¿d reckon that a going-concern
statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically
bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know
more than the bean counters.
During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.
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Friday, July 25, 2008
20% Off All Las Vegas Hotels
Comtex
MILWAUKEE, July 25, 2008 /PRNewswire via COMTEX/ ----From luxury to value, from one end of the Strip to the other, all Vegas hotels are now 20% off! Travelers can pocket the savings or splurge on the city's world-famous entertainment, dining and gambling scene.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080107/AQM223LOGO)
The offer runs through August 31, 2008 for travel through December 31, 2008.
To get the deal customers should apply promotion code SAFE at the time of booking, protect their vacation by including the Trip Cancel Waiver or WorldCare(SM) Complete Coverage (full details listed at unitedvacations.com) and they'll receive 20% off their Las Vegas hotel. It's that simple.
Affordable, flexible vacation packages start from just $309. Here are some examples for departures on 9/2/08:
From Denver (DEN): Was Now Excalibur Hotel & Casino $369 $334 Harrah's Las Vegas $389 $349 Luxor Las Vegas $394 $354 The Mirage $349 $394 Bellagio $599 $509 From San Francisco (SFO): Was Now Excalibur Hotel & Casino $344 $309 Harrah's Las Vegas $359 $319 Luxor Las Vegas $364 $324 The Mirage $414 $364 Bellagio $564 $479 From Chicago (ORD): Was Now Excalibur Hotel & Casino $484 $439 Harrah's Las Vegas $504 $454 Luxor Las Vegas $504 $454 The Mirage $559 $499 Bellagio $704 $609
Consumers: Purchase online at http://www.unitedvacations.com, by calling 888-328-6877 or by contacting a travel agent.
Travel Agents: Book UV through VAX VacationAccess(R) at http://www.vaxvacationaccess.com or the VAX VacationAccess technology via Amadeus AgentNet, Sabre Vacations, and Vacation.com AgentNet.
United Vacations' America, Canada, Caribbean, Europe, Hawaii, Mexico and Ski programs are operated by The Mark Travel Corporation in Milwaukee, one of the largest vacation companies and operators of private-label brands in the United States.
SOURCE United Vacations
http://www.unitedvacations.com
Copyright (C) 2008 PR Newswire. All rights reserved
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