8x8 1998 Annual Report Download - page 32

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REPORT OF INDEPENDENT ACCOUNTANTS
To the Board of Directors and Stockholders of 8x8, Inc.
In our opinion, the consolidated financial statements listed in the accompanying index present fairly, in all material respects, the financial
position of 8x8, Inc. and its subsidiaries at March 31, 1998 and 1997 and the results of their operations and their cash flows for each of the
three years in the period ended March 31, 1998, in conformity with generally accepted accounting principles. These financial statements are the
responsibility of the Company's management; our responsibility is to express an opinion on these financial statements based on our audits. We
conducted our audits of these statements in accordance with generally accepted auditing standards which require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on
a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a
reasonable basis for the opinion expressed above.
PRICE WATERHOUSE LLP
San Jose, California
May 1, 1998
28