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Pastimes : JAVC - Java Centrale

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To: Jim B who wrote (154)	7/19/1997 11:59:00 AM
From: muffy	of 279

Jim, They have not made ANY progress with the exception of higher revenues: Example:1996 Loss: 3,966,426 Shares: 8,526,377 Loss per share: (3,966,426 divided by 8,526,377= (.46) 1997: Loss: (5,326,192 divided by 11,540,800=(.46). They come up with the (.61) by figuring the 1997 loss (5,326,192) divided by 1996 shares 8,526,377= (.61) They are comparing apples to oranges; the reality is: they made more money, issued more shares and did not cut their losses by one cent. Muf

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