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Technology Stocks : Macromedia...making a comeback?

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To: alex who wrote (2274)7/17/1998 10:45:00 AM
From: don pagach   of 2675
 
Alex,

I agree with all except shares out. Since MACR has been losing money the company has just used "common shares outstanding" (this is the accounting rule). However when a comp. has profits it needs to use diluted shares outstanding and looking at the recent financials that would bring us up to (approx.) 42,297,000 dilutive shares. So EPS of .165 to .189. For fuller details see the footnote on page 17 of the annual report "Net Income (loss) Per Share"
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