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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: Mark Peterson CPA who wrote (110562)3/23/1999 12:30:00 AM
From: Chuzzlewit  Read Replies (2) of 176387
 
Mark, I think you're missing the fact (I think it's a fact) that derivative profits (on the sale of puts on DELL and the purchase of calls for stock repurchase) aren't run through the income statement. They get posted directly to the paid in capital section of equity. That, at least is my understanding. The section in the income statement dealing with financing probably relates to the net income of short term investments, currency hedging, and interest expense associated associated with debt.

What am I missing?

TTFN,
CTC
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