Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: Sam who wrote (78690)	1/24/2018 5:31:12 PM
From: robert b furman	Read Replies (1) of 95561

Hi Sam, Understanding some of the GAAP vs NONGAAP reporting methods - especially in view of the new tax cuts being introduced in 2018 - I must say I see the difference in the numbers and I am in awe! Lams earnings when from a 6 cent loser (non-GAAP) to a GAAP earnings of $4.34 !!! It looks like the accounting department through out the baby and the bath tub with their last opportunity to write off some deductions that got curtailed with 2018's new rules. Just a little 101% ELIMINATION OF ALL PROFITS. Nice work guys!! Too bad they couldn't have been more profitable - I'm sure the accounting dept left some funds on the table. SHEESH!!! Bob

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