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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 270.16+7.9%3:59 PM EST

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To: Frodo Baxter who wrote (1792)12/15/1997 10:58:00 AM
From: Sam  Read Replies (1) of 9256
 
"There is no difference between a company earning $.20, $.20, $.20, $.20 and one that earns $.20, $.30, $.40, $.50 if the latter takes a $.60 restructuring charge!"
Sure there is. Or might be, anyway. Depends on if the restructuring charge is an "honest" one or not. I'd rather own the guy with sequentially up earnings than forever flat (didn't Dylan write a song with that title once?).
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