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Technology Stocks : Concurrent Computer (CCUR)
CCUR 2,2550.0%Jan 16 9:30 AM EST

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To: stephen allen who wrote (2598)2/11/1998 10:19:00 AM
From: steve olivier  Read Replies (3) of 21143
 
Based on my calculations, they had true operating income of $1,433,000 in FY97-Q2. They reported operating income of $1,697,000. This included $1,200,000 of gain on termination of the benefit plan, which you need to subtract, and $936,000 of transition/restructuring costs which you need to add. I think that results in $1,433,000 of true operating income.
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