QRS in trouble?

Richard Raskob raskobrg@Rt66.com
Wed, 30 Aug 2000 20:15:16 -0600


List From TheStreet.com
QRS , a provider of business-to-business solutions to the retail industry, 
said it's searching for new independent accountants. On Aug. 21, Deloitte & 
Touche resigned as the company's independent accountants. The CEO of QRS 
told TheStreet.com Tuesday evening that the company and Deloitte parted 
ways because QRS wanted closer attention from its accountants as it pursued 
acquisitions. He stressed that there was no disagreement on accounting 
practices. TheStreet.com wrote about the accounting change in a separate 
story. QRS ended the day 13 cents lower to $16.81.

QRS MUSIC TECHNOLOGIES INC has a different stock symbol (QRSM) from QRS 
CORP (QRSI).

Richard Raskob RPT

-----Original Message-----
From: owner-pianotech@ptg.org [mailto:owner-pianotech@ptg.org]On Behalf
Of robert goodale
Sent: Wednesday, August 30, 2000 5:20 PM
To: pianotech@ptg.org
Subject: QRS in trouble?


It sounds like something big is up with QRS.  Last night on the
Nightly Business Report, QRS was highlighted among the NASDAQ Big
Movers, (stock symbol QRSI).  Apparently QRS stock plummeted a
stunning 23.2% in one day.  This is a rare wall street occurrence
for a company of this size unless something is wrong.  Accenting
this report, Deloitte & Touche, one of the largest and most noted
national accounting firms, resigned their association with QRS,
(apparently QRS was their client).  Again this is often an
indication of trouble.  There was no sign of recovery today with
QRS down 1/8 of a point.

You can view this information at:
http://www.nbr.com/trnscrpt082900.htm

QRS is listed in the NASDAQ closing stats at the bottom of the
page.

Anyone know what is going on?

Rob Goodale, RPT
Las Vegas, NV








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