I search "Search Edgar" and I've yet to see a 10Q filing. Not filed, I'm looking in the wrong space, ????

-- Anonymous, January 19, 1999

Answers

Glenn,

There seem to be a few different ways to search EDGAR, but the one the works best for me is at:

http://www.sec.gov/edaux/formlynx.htm

Once there, go to the slot under Enter a company, and in this case, just enter commonwealth and then press the SUBMIT slot.

You should then get a list of companies whose names start with commonwealth, and if you page down a few, you will find ComEd.

Look carefully at the dates, to find the most recent 10Q or 10K. A 10Q is a quarterly report, a 10K is annual. The other reports will not likely have Y2K stuff at this time. Also, at this time of year, the 10Q filed in November 1998 will be the most recent pertinent report. The 10K, the annual, may not be filed until 90 days after their fiscal year. If their fiscal is calendar, which is most common, that could be the end of March.

Most of the recent 10Qs that I have checked have a section labeled Year 2000, so you usually can scan for that to find the Y2K stuff.

Jerry

-- Anonymous, January 19, 1999

Glenn, the first box on the page Jerry kindly posted for you is a drop down list. Don't forget to set it for "10Q" and save yourself some time. Commonwealth's Year 2000 statement starts on about page 44, I believe. If you still have trouble accessing it, let us know and I'll post the whole thing here, ok?

-- Anonymous, January 19, 1999

I read the Com Ed 10Q and it sounds like they have everything nicely under control. HA!

This is a main problem, as I see it, there's no way to get at the truth. How could, and why would any power company admit, especially in writing, that they are not completely on top of the situation, without chance of problem?

Imagine if Com Ed said "we are trying our best, but honestely, there's miles of code and these bugs are hard, and a lot of embedded systems to find too, and even more testing to be done, and there's high turnover in the MIS department and... etc." If they said that how long would it take before their stock took a dive? Not to mention the panic it would cause in the general public.

And do you think they'd hire any independent consultant to help them audit their systems, without putting them under non-disclosure?

So as I see it, there's no way to really know.

-- Anonymous, January 21, 1999

Bonnie,

Good tip! Specifying the form, i.e. 10Q, cuts down the size of the list. But, keep in mind that for most companies, the next pertinent report is the annual, i.e. 10K.

Regarding posting it here, I would actually recommend not to do that, for a couple of reasons.

1. However skeptical we may be about the content of a 10Q, the one on the SEC's site is the "official" one; a copy anywhere else might be questioned for authenticity. 2. http://www.sec.gov/Archives/edgar/data/22606/0000950131-98-006 067.txt takes up less space here than the full report. :-)

Jerry

-- Anonymous, January 22, 1999