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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.
Home / Markets / Industries / Telecom
Monday, July 14, 2008
NeuStar Schedules Conference Call and Webcast to Discuss Second Quarter 2008 Results
Comtex
STERLING, Va., July 14, 2008 /PRNewswire-FirstCall via COMTEX/ ----NeuStar (NYSE: NSR) today announced that it will report its second quarter 2008 operating and financial results on Tuesday, August 5, 2008 after the closing of regular trading. The news release will be followed by a teleconference and webcast beginning at 5:00 p.m. (Eastern Time).
(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )
Those wishing to participate in the teleconference should call (888) 801-6507 (international callers should dial +1-913-312-1490) a few minutes prior in order to register. A replay of the call will be available through 12:00 midnight on Tuesday, August 12, 2008 (Eastern Time) by dialing (888) 203-1112 (international callers should dial +1-719-457-0820) and entering replay PIN 3797849.
Those wishing to participate in the live or archived webcast via the Internet should go to the Investor Relations tab of the NeuStar website at http://www.NeuStar.biz.
About NeuStar, Inc.
NeuStar is a provider of clearinghouse and directory services to the global communications and Internet industry. Visit NeuStar online at http://www.NeuStar.biz.
SOURCE NeuStar, Inc.
http://www.neustar.biz
Copyright (C) 2008 PR Newswire. All rights reserved ********************************************************************** As of Thursday, 07-10-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 11-01-2007 for NSR @ $32.93. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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