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Microcap & Penny Stocks : Zia Sun(zsun)
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To: Francois Goelo who wrote (3421)7/13/1999 12:11:00 AM
From: StockDung  Read Replies (1) of 10354
 
By: AlpineSleuth
Reply To: 5360 by alpha6 Monday, 12 Jul 1999 at 11:54 PM EDT
Post # of 5366


Coachman, I fail (really) to see your point when you state that Truthseeker is twisting the truth. Quite simply what he is saying is that contrary to ZSUN's assertion, and misleading, innacurate and false statements, the unrealized and realized gains on the marketable securities have been clasified as non operating income in the S&P company description. And this is the way it should be. As you can no doubt appreciate these gains are of a non recurring nature and do not belong in operating income. ZSUN intetnionally misled investors by including these gains in operating income. And as you will recall, FG has consistently and shamelessly used the incorrect EPS figure on which to extrapolate and project future earnings.

AlpineSleuth

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