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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (68026)9/22/1999 1:39:00 PM
From: Michael Bakunin  Respond to of 132070
 
I think those numbers must include losses; without losses, I get a PE of 'only' around 50. With losses, I get well over 150. -mb



To: Knighty Tin who wrote (68026)9/22/1999 1:41:00 PM
From: bill meehan  Read Replies (1) | Respond to of 132070
 
MB: The losses are included in the total net income. Investech even noted that "A Nasdaq official reports increased pressure to include 'only positive' earnings results in calculating future releases of this statistic." (Referring to P/E) I just cant fathom why dividing the total market value by the total net income isn't an accurate number that the Nasdaq would post instead of the N/A.


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