INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (8826)	1/11/2001 10:05:31 PM
From: Berney	Read Replies (2) of 11051

Gersh, dude, my Thanks to you! Some time ago we shortly debated the impact of investment income (loss) on this quarter's earnings. I took the accounting approach that, maybe, all was not lost as investments are booked at the lower of cost or market. The report of YHOO blew that out of the water. While all focused on the earnings and revenue shortfalls and the absolutely horrible projections into the future, the issue of investment income (loss) seemed to get buried by the media. In fact, YHOO's lackluster EPS of .13 turned into a loss of .17 after consideration of the investment loss. Therefore, this Big Boy company had investment losses of 30 cents per share. IMHO it is not going to get pleasant when the other Big Boy tech companies unfold their sad tale. Thanks again, and Just a View from the Swamp TB

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