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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (55902)1/3/2000 10:36:00 PM
From: WhatsUpWithThat  Read Replies (1) | Respond to of 108040
 
$55 million profit will result from the sale of an equity investment to EMC Corp

That's the only explanation I could think of if your numbers were right. Basically, they traded cash for an asset that presumable was already priced in (assuming it was considered able to be valued before the sale), so I'd not expect a great deal of excitement over an accounting extraordinary gain. Is there more to it than this?

WUWT


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