Applied Magnetics Corp Message Board

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Technology Stocks : Applied Magnetics Corp

APM 1.395

-0.4%

12:20 PM EST

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To: Jonathan Bird who wrote (11209)	1/13/1998 10:45:00 PM
From: Dave Chanoux	Read Replies (1) of 12298

Fully diluted is the same as undiluted because the company is reporting a loss. The accounting rule, as I understand it, says that dilution must be taken into account if it reduces eps by some percentage. Since there is a loss, dilution does not have to be reported. As if it matters... Dave Chanoux

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