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Microcap & Penny Stocks : GAUM-General Automation

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To: JB who wrote (162)	5/15/2000 11:00:00 AM
From: Don Lloyd	of 183

JB - [When you sell something of value, that would be cash to the bottom line whether it is an asset or sales of products. This will not change the numbers that will be reported shortly, but will increase the asset base and earnings in the future. A good move on their part with the positive direction of the company.] 'Bottom line' has a generally accepted specific meaning, i.e. the 'net earnings' line on an income statement. Cash received from an asset or business sale will appear on the balance sheet. The sale of the business MAY either increase or decrease the net earnings for a single quarter or fiscal year, depending on what cost basis is assigned to the business. In either case, it will be a one time gain or loss and will not represent the future earning power of the company, if any. Regards, Don

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