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To: Kayaker who wrote (46645)10/30/1999 7:07:00 PM
From: Uncle Frank  Respond to of 152472
 
Bob, even though the last earnings statement cites a pro forma earnings of 75½, there was an additional 11½ loss related to discontinued operations that they initially neglected to include. Pro forma earnings were indeed 86½.

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To: Kayaker who wrote (46645)10/30/1999 7:23:00 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
Bob Craig. No, $0.86 is the correct No going forward. My notes from the Q conf call for the 6/30 quarter show that the difference in $0.86 and $0.75 is a second group of expensed related to the sold infrastructure division. The first set of expenses that boosted pro forma to $0.75 were personnel related expenses anticipated in the 3/30 quarter conference call. Basically the $0.86 is an "in the bag" No which is a no growth "going forward". Remember--"deliver more than you promise."
JohnG