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.
Technology Stocks : Hewlett-Packard (HPQ)
HPQ 25.28-3.8%Nov 10 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (3955)6/7/2006 1:45:20 AM
From: Sr K   of 4345
 
It depends.

Cash on the balance sheet is factored into the price. Another 33 cents a share (or whatever) makes the company worth 33 cents per share more. One time.

But 6/6 the market paid zero attention to it for HPQ or maybe it was disclosed in a prior filing and was less than the maximum they filed for. IOW GAAP is just accounting conventions. Investors look at reality, going forward.

If you don't count the cash on the balance sheet, then 1 times the 33 cents is OK.

As quarters roll, when do you take it out of a computation for TTM?

It's not repeatable earnings, so it would not be a meaningful part of the Year Ending October 2007 projection.

The markets usually look forward, except when there is mass hysteria such as Monday afternoon this week.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext