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Technology Stocks : Discuss Year 2000 Issues
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To: C.K. Houston who wrote (1248)3/22/1998 6:14:00 PM
From: Quad Sevens  Read Replies (1) of 9818
 
CK: C'mon. The impact of 55 million dollars on Amoco's bottom line is miniscule. A little arithmetic shows that this will reduce Amoco's EPS by 8 cents a share in 98. They earned 5.55 per share last year and are expected to earn 4.69 this year. So y2k will have less than a 2% impact on EPS this year. That's negligible compared to oil prices fluctuations, etc. for this oil behemoth--less than statistical noise.

Wade
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