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Technology Stocks : Nimbus CD International

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To: Boplicity who wrote (1366)2/5/1998 8:40:00 AM
From: Carmine Cammarosano  Read Replies (1) of 1673
 
Also important, essentially states NMBS beat estimates by $0.02?:In accordance with new accounting pronouncements which require that start-up costs be expensed as they are incurred, the Company has not deferred any such costs incurred by the Luxembourg operation. As a result, in the third fiscal quarter, the Company's earnings were reduced by approximately $.02 per diluted share below expected net income. This company is growing the bottom line very nicely!
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