SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Shepherd who wrote (4467)4/13/1999 11:24:00 AM
From: Sun Tzu  Read Replies (1) of 15132
 
I believe our friend, Mr. I2 has answered your question. The buy back would effect the cash flow statement but not the operating earnings since a buy back is not considered an operating cost (though in many cases it should be). The shift to focus on operating EPS instead of actual EPS has been one of the thickest wools that has ever been pulled over the public's eyes. After all, if these "one time" charges keep happening all the time, then how extra ordinary are they? There have been a number of studies that point out the huge increase in the number and size of these so called one time charges, but I don't have an online reference to them handy.

regards,
Sun Tzu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext