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: Knighty Tin who wrote (99848)	5/5/2001 8:14:19 AM
From: MythMan	Read Replies (1) of 436258

Yeah this thread is about as interesting as CA financial reports -g- >>Computer Associates said yesterday that a typographical error had caused it to overstate its annual profit by about $130 million in a news release last month. The company said that under standard accounting rules it earned 16 cents a share, or about $90 million, for the year ended March 31, excluding certain charges. In the earlier release, issued on April 16, the company said it earned 40 cents a share, or about $230 million. Computer Associates did not provide exact dollar amounts in either the April release or yesterday's correction. The mistake occurred, the company said, "when the preparer of the press release chart inserted the wrong number from the computation sheet."<< LOL!

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