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Technology Stocks : Golden Genesis (GGGO), formerly PCOM
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To: Norm Demers who wrote (57)10/22/1996 3:52:00 PM
From: PuddleGlum   of 145
 
Norman-
Take a good, hard look at that report. 4th quarter income was 3 cents per share BEFORE year end adjustments of $300,000 (about 2 cents per share). Warranty expense is still business expense in my book, so I see only 1 cent per share. One could extrapolate into the future using the 3 cent figure, but extrapolation is useless until it's clear who owns a majority stake in this company. We may yet see this one go below $2 per share. (Hope not).

Steve
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