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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: pater tenebrarum who wrote (19585)7/7/1999 5:49:00 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
Heinz, YHOO financial results are the biggest charade.

A sh&^%t company with barely 115 million quarterly revenue and fabricated 11 cents a share earnings attracts so much attention.

The tobacco legal fees in Florida are bigger than YHOO revenue, not to speak about the potential liability.

The jerks at CNBS are making so much fuss about nothing.

That is the reason I do not trade internut'z

between the lines YHOO posted a LOSS

Pro forma net income for the quarter was $28,298,000 or $0.11 per share diluted, excluding merger-related charges incurred in the acquisitions of GeoCities, Online Anywhere, and Encompass, Inc., and the effects of amortization of intangible assets.


Oh Gee speaking of fabrikations


Net loss, including the merger-related charges and effects of amortization of intangible assets for the quarter ended June 30, 1999, was $15,062,000 or $0.07 per share compared to a net loss of $14,248,000 or $0.08 per share for the quarter ended June 30, 1998.


BWDIK
Haim
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