Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (68112)	2/15/2001 4:58:46 PM
From: posthumousone	Read Replies (2) of 436258

I thought companies have been including investment gains in their earnings.... From HP "The company earned 37 cents per share, excluding unusual charges and gains, on revenue of $11.9 billion during its fiscal first quarter, which ended Jan. 31. The earnings excluded charges for things like investment losses, the elimination of marketing jobs announced earlier and acquisition-related costs. With those charges, the company earned 16 cents per share. " Why does HP exclude investment losses? Is this fuzzy accounting?????

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