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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Reginald Middleton who wrote (18970)5/11/1998 9:18:00 PM
From: nommedeguerre  Read Replies (1) of 24154
 
Reggie,

>> Like you know what you are talking about. If you add back options expense, don't froget to add back deferred revenues, pre-paid expenses, markiung real estate to market, including LIFO reserves, and deferred taxes and warranty reserves. Now, after all of that, where do the profits stand?

Sounds like Microsoft's accountants can make about any number appear in the earnings column for a quarter. Of course, if they are audited, they can always blame Excel for not doing a recalc on some critical numbers. Somewhere there is a real number for earnings, do you know what it is? If so, please print it for everyone.

Cheers,

Norm
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