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Staar warning.


Staar Warning: Shares of Staar Surgical Co. fell after the maker of implantable contact lenses' said its auditor auditor n. an accountant who conducts an audit to verify the accuracy of the financial records and accounting practices of a business or government. A proper audit will point out deficiencies in accounting and other financial operations.  may warn that it could run out of cash. The Monrovia-based company, which has had difficulty gaining approval for its implantable contact lenses implantable contact lens Ophthalmology A refractive lens implanted over the natural lens of the eye for correcting myopia and farsightedness. See Myopia. , announced it had retained Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  to explore a "range of strategic and financial alternatives." Staar said it expects its auditor to include a "going concern" warning in its fourth quarter financial statement to the Securities and Exchange Commission.
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Title Annotation:March 4-10
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 14, 2005
Words:80
Previous Article:Power deal.(March 4-10)(Brief Article)
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