D-Day and Counting

[Scott Greczkowski]

Today's the day: CEOs and CFOs of the nation's top public corporations have until today, Aug. 14, to certify the accuracy of their financial statements with the Securities and Exchange Commission.

As of late Tuesday afternoon, only a handful of multichannel/multichoice companies had done so. Among them: Comcast, Cox and Disney.

But have no fear. Only a handful of ALL affected companies had filed by yesterday and key players in our space (i.e. EchoStar and Hughes Electronics) say they'll have signatures on the bottom line by the end of today. Wanna know if anyone missed? We'll let you know tomorrow...

Reposted with permission from
SkyReport.COM (http://www.skyreport.com)

[Scott Greczkowski]

For some reason when I read this story I see a room full of sweaty accountants at Echostar going over the books.

Didn't Arthur Anderson use to do the books for Echostar?

Should Charlie be worried?

[Nick]

Is this something WE should be worried about?

[JohnH]

Did somebody take the form to Charlie on the mountain, so he could sign it? :)

[cnsf]

We should only be worried if a) we own stock in Echostar and/or b) they have billions in fraudulent accounting forcing them to cease operations.

Solution, sell your stock in Echostar and keep the cable company's number handy just in case.

[Chris Blount]

I'm not worried. If something happened to Dish I would imagine DirecTV would scoop it up in a hearbeat.

[Geronimo]

The forms are due today. The SEC shows they ahve not filed but there is also a discalimer saying the database may not be up to date. Let's wait to worry until we have a resom to believe there is somethign to worry about.