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Strategies & Market Trends : Rande Is . . . HOME

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To: KevinThompson who wrote (42079)11/24/2000 10:15:38 AM
From: George Burdell  Read Replies (1) of 57584
 
ANTC recognized a $30 million 6/00 non cash deferred gain on an equity sale back in 3/99, which distorts the PE. On the flip side is their 108K shares of LU held as trading securities, which must be recognized at market value, including gains and losses. Probably knock a few million off of their upcoming earnings. Still looks like a good one to put in the kid's college fund and forget about, (as long as the kids are under 12!)
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