UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) March 22, 1999
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SEQUENT COMPUTER SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Oregon 0-15627 93-0826369
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File No.) Identification No.)
15450 SW Koll Parkway, Beaverton, Oregon 97006-6063
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(Address of principal executive offices) (Zip Code)
(503) 626-5700
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(Registrant's telephone number, including area code)
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(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant.
PricewaterhouseCoopers LLP ("PWC") was the Company's independent auditors
for its fiscal year ended January 2, 1999. On March 22, 1999, with the approval
of the Audit Committee of the Board of Directors, the Company dismissed PWC as
its independent auditors. PWC's reports on the Company's financial statements
for the last two fiscal years did not contain an adverse opinion or a disclaimer
of opinion and the reports were not qualified or modified as to uncertainty,
audit scope or accounting principles. During the Company's last two fiscal years
and during the current year through March 22, 1999, there have not been any
disagreements with PWC on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure, which
disagreements, if not resolved to the satisfaction of PWC, would have caused it
to make a reference to the subject matter of the disagreement in connection with
its reports. The Company is in the process of selecting new independent auditors
for its current fiscal year.
The Company has requested that PWC furnish it with a letter addressed to
the Securities and Exchange Commission stating whether it concurs with the above
statements. A copy of such letter, dated March 22, 1999, indicating PWC's
concurrence with these statements, is filed as Exhibit 16 to this Form 8-K.
Item 7. Financial Statements and Exhibits.
16. Letter from PricewaterhouseCoopers LLP
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: March 26, 1999
SEQUENT COMPUTER SYSTEMS, INC.
By: STEPHEN F. LOUGHLIN
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Stephen F. Loughlin
Vice President and Corporate Controller
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
March 22, 1999
Ladies and Gentlemen:
We have read Item 4 of the Sequent Computer Systems, Inc. Form 8-K dated March
22, 1999 and are in agreement with the statements contained therein in so far as
they relate to our firm.
Yours very truly,
PRICEWATERHOUSECOOPERS LLP
