Friday, June 29, 2007

UPDATE 1-Packeteer - IRS claims company owes back taxes

(Reuters) - Shares of the company were down almost 19 percent to $7.69
in afternoon trade on the Nasdaq.




In a filing with the U.S. Securities and Exchange
Commission, the networking hardware maker said its previously
reported income tax provision was adequate, and that it intends
to file a protest against the claims.


Read more at Reuters.com Government Filings News

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