-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ih2IlC4aMcgFQyZ7MSTcgfo9h3ysDiXHL9NI/E5o4AUqr2ESDC0lsAuDTeHAGDDs 97kxDsOI7WkF/XB5XE06mQ== 0001047469-98-009693.txt : 19980317 0001047469-98-009693.hdr.sgml : 19980317 ACCESSION NUMBER: 0001047469-98-009693 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980312 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980313 SROS: AMEX SROS: PCX FILER: COMPANY DATA: COMPANY CONFORMED NAME: MISSION WEST PROPERTIES/NEW/ CENTRAL INDEX KEY: 0000704874 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 952635431 STATE OF INCORPORATION: CA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08383 FILM NUMBER: 98564787 BUSINESS ADDRESS: STREET 1: 10050 BANDLEY DR CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: 4087250700 MAIL ADDRESS: STREET 1: 10050 BANDLEY DRIVE STREET 2: SUITE 250 CITY: CUPERTINO STATE: CA ZIP: 95014 8-K 1 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 12, 1998 -------------------- Mission West Properties ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) California --------------------------------------------- (State or Other Jurisdiction of Incorporation) 001-08383 95-2635431 ------------------------ ------------------ (Commission File Number) (I.R.S. Employer Identification No.) 10050 Bandley Drive, Cupertino, California 95014 ------------------------------------------------- (Address of Principal Executive Offices) (408) 725-0700 --------------------------------------------------- (Registrant's Telephone Number, Including Area Code) ------------------------------------------------------------ (Former Name or Former Address, if Changed Since Last Report) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. (a) Previous independent accountants (i) On March 12, 1998, Price Waterhouse LLP, San Diego, California ("Price Waterhouse"), the independent accountant previously engaged as the principal accountant to audit the financial statements of Mission West Properties (the "Company"), was dismissed by the Company. (ii) The reports of Price Waterhouse on the Company's consolidated financial statements for the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. (iii) The Audit Committee of the Company's board of directors approved the dismissal as of March 12, 1998. (iv) In connection with its audits for the two most recent fiscal years and through March 12, 1998, there have been no disagreements with Price Waterhouse 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 Price Waterhouse would have caused them to make reference thereto in their report on the financial statements for such years. (v) During the two most recent fiscal years and through March 12, 1998, there have been no "reportable events" (as defined in Regulation S-K Item 304(a)(1)(v)). (vi) The Company has requested that Price Waterhouse furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter, dated March 12, 1998, is filed as Exhibit 16 to this Form 8-K. (b) New independent accountants The Company engaged Coopers & Lybrand LLP, San Francisco, California ("Coopers & Lybrand") as the Company's new principal independent accountants as of March 12, 1998. During the Company's two most recent fiscal years and through March 12, 1998, the Company has not consulted with Coopers & Lybrand regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that Coopers & Lybrand concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement, as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K, or a reportable event, as that term is defined in Item 304(a)(1)(v) of Regulation S-K. The appointment of Coopers & Lybrand was made primarily because of Coopers & Lybrand's proximity to the Company's management and the management's familiarity with and confidence in Coopers & Lybrand. 2 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS EXHIBIT 16. Letter re Change in Certifying Accountant from Price Waterhouse LLP, dated March 12, 1998 SIGNATURES 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. MISSION WEST PROPERTIES Dated: March 12, 1998 By: /s/ Carl E. Berg ------------------------- Carl E. Berg Chairman of the Board, Chief Executive Officer and President 3 EX-16 2 EXHIBIT 16 EXHIBIT 16 TO FORM 8-K March 12, 1998 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 Ladies and Gentlemen: We have read Item 4(a) of Form 8-K dated March 12, 1998 of Mission West Properties and are in agreement with the statements contained in paragraph 4(a) therein. /s/ Price Waterhouse LLP Price Waterhouse LLP -----END PRIVACY-ENHANCED MESSAGE-----