SI
SI
discoversearch

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 : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brendan W who wrote (12549)6/7/2001 3:38:32 PM
From: Brendan W  Read Replies (2) of 78741
 
In revisiting PHSY prior to committing new funds, I talked to someone (Shirley?) at Pacificare. First, management recently dropped the EPS estimate to $1.65 (actually 1.65 to 1.75). That number IS net of goodwill amortization expense. Further, that expense consists of tangible (approximately 90c) and intangible (approximately 1.60). Based on the new FASB rule, the 2002 eps will exclude the intangible goodwill amortization expense and will include the tangible goodwill amortization expense.

I don't think tangible goodwill amortization expense is a cash expense, so I think it should be added back... but accounting is not a strength for me.

I added at $16.60.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News