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To: Richard Forsythe who wrote (138139)7/30/1999 2:44:00 PM
From: Michael G. Potter  Read Replies (2) | Respond to of 176388
 
If the per share loss would be reduced because of dilution, then the dilution is not applied (as per the accounting rules for calculating dilution). This is a hidden barrier for the internuts as they lose money and issue more shares, the dilution will only show up when (if) they become profitable.

Michael



To: Richard Forsythe who wrote (138139)7/30/1999 3:02:00 PM
From: Chuzzlewit  Respond to of 176388
 
Real costs are reflected in accounts.

Oh Richard! What about accounting for mergers? How about the estimates for depreciation? What about estimates for doubtful accounts? How about unrealized gains on securities? I think it is fair to say that almost everything in a balance sheet is an estimate (with the exception of fixed assets listed at cost, and LT debt).

TTFN,
CTC


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