Independent Auditors' Report
The Board of Directors and Shareholders
Canisco Resources, Inc.:
Under date of June 30, 2000, we reported on the consolidated balance
sheets of Canisco Resources, Inc. and subsidiaries as of March 31, 2000
and 1999, and the related consolidated statements of operations,
shareholders' equity and cash flows for each of the years in the three-
year period ended March 31, 2000, as contained in the 2000 annual
report on Form 10-K. In connection with our audits of the
aforementioned consolidated financial statements, we also audited the
related financial statement schedule as listed in the accompanying
index. This financial statement schedule is the responsibility of the
Company's management. Our responsibility is to express an opinion on
this financial statement schedule based on our audits.
In our opinion, such financial statement schedule, when considered in
relation to the basic consolidated financial statements taken as a
whole, presents fairly, in all material respects, the information set
forth therein.
KPMG LLP
Philadelphia, Pennsylvania
June 30, 2000
Exhibit 99.2
