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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: American Spirit who wrote (57707)4/27/2002 5:14:54 PM
From: mishedlo  Read Replies (3) of 99280
 
Palm Did not make squat.
If you believe the figure they made .01.
Big Deal.
biz.yahoo.com
This is the first time I have seen a pro-forma loss of .02 but a GAAP of +.01

Trying to find out how.
I see a -charge
(reduction) for
special excess
inventory and
related costs (28,265)

Without that 28,265 (can someone explain how that works please) did they write off inventory last month and sell it to achieve "profitability" this month by mirage?
Without that 28265 they lost .05 or so.

At any rate so they can make .04 on the year (big assumption).
Is that sustainable?
Is that growable?
What PE would that make it.

Curious about that 28,265
Need to know what it means.

M
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