MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 682.91

+0.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (57920)	8/8/2000 9:58:16 PM
From: Ramsey Su	Read Replies (2) of 99985

On the subject of CSCO and pro forma. I thought I understood pro forma, having used the term for years. Thinking about the CSCO situation, I realized that I have no idea what governs pro forma. Reason being that more and more companies are reporting pro forma earnings when convenient, vs non-pro forma. As an example, CSCO reported pro-forma earnings of .16 vs non pro-forma earnings of .11. So which version did they report last qtr or last year? Which would they be reporting next year? Are there GAAP or SEC rules as to how pro forma is specifically defined and what should be reported? Ramsey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next