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Technology Stocks : All About Sun Microsystems

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To: cfimx who wrote (6922)1/16/1998 4:43:00 PM
From: cAPSLOCK  Read Replies (1) of 64865
 
:Jeez guys. Awfully sensitive. This is a cub reporter TRYING his or :her best to interpret a press release-minutes after it was released. :There isn't a commie under every rock.

Well I can understand to an extent why people would be a little sensative, can't you?

However, I must promise that if MSFT were to have a similar spin put on a earnings report, I would treat them the same.

The matter of the fact is (I know now that I have talked to an accountant a broker, and an analyist) One time charges, out of the ordinary, like in an aquisition are *not* held against the company in an earnings report. Of course they are reported, but it is customarily understood that a charge like that is unusual, and any reaction to it (bad or good) happens at the time of the charge. It is simply not considered a loss of earnings, but an unusual one time expense.

Therefore the reporter had to *choose* to report the earnings in a non-customary way, emphasizing the effect of the charge. And in my opinion that kind of choice shows bias. And that is grounds to be displeased with the report/reporter.

respectfully,
cAPSLOCK
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