Command Systems, Inc. (CMND) Message Board

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Technology Stocks : Command Systems, Inc. (CMND)

CMND 0.114

-12.4%

Dec 3 3:59 PM EST

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To: rainwater who wrote (500)	5/3/1998 2:23:00 PM
From: Jeffrey E. Klein	Read Replies (2) of 1956

>> Jeff I noted the point you raised as well: preferred dividends not from sale...but did not read into it. would appreciate any further feedback on that << The point I was trying to make was if $260,000 preferred dividend was paid from offering cash raised instead of the net income, then the net income for 3/98 would have been very close to $455,000 instead of the actual net income reported of $195,000. Using 4,938,000 shares and estimated net income of $450,000 would have netted an eps of $.09. Even if you use $450,000 along with the higher share total of 7,856,000, the eps would be $.057, which rounds to $.06. Jeff

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