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To: David R who wrote (3364)10/28/1999 9:41:00 PM
From: David Miller  Respond to of 5102
 
Credit where it is due - you hit the earnings number on the nose.

Shareholder Equity is not $6, though, the number you quoted was inclusive of liabilities. The net is $237m - unchanged from last quarter - close to four bucks.



To: David R who wrote (3364)10/29/1999 10:43:00 PM
From: i-node  Read Replies (1) | Respond to of 5102
 
Let's keep in mind that shareholder equity gives no account whatsoever to the fair value of the current product line and existing goodwill. As such, shareholder equity is pretty much a meaningless figure.