EarthLink Network ELNK Wraps Your Fish Message Board

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Technology Stocks : EarthLink Network ELNK Wraps Your Fish

ELNK 5.630

0.0%

Mar 8 4:00 PM EST

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To: chester lee who wrote (27)	4/28/1997 10:09:00 AM
From: Q.	of 220

Chester, you might look in the S-1 prospectus or a DEF14a proxy for the numbers you are seeking. Here's an interesting boo boo. I guess the co. wasn't aware that when eps are reported, one uses diluted shares if it is a gain but primary shares if it is loss. Well, surely their financial team doesn't make mistakes of this significance very often, does it? =========== PASADENA, Calif.--(BUSINESS WIRE)--April 25, 1997--EarthLink Network Inc. (NASDAQ:ELNK) Friday announced its loss per share for the quarter ended March 31, 1997, based solely on primary shares, was 92 cents. The previously announced loss of 79 cents per share was based on fully diluted shares outstanding using the treasury stock method, which is not applicable when a loss is reported for the period. The company emphasized that this does not affect revenues or any line item other than earnings per share and does not reflect adversely on the integrity of the company's financial and accounting systems.

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