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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?


To: dtong who wrote (873)5/7/2000 5:13:00 AM
From: dtong  Respond to of 1801
 
EARNING SHORTFALL (part3)

> you seem to be very sure of yourself reg. earnings.
> are you an accountant, and i also read the financial report, and teh
> latest earnings do have income tax taken out of them.

Yes, I am accountant

I have known this tax attack going to happen in q3 (before the q2 earning release) b/c:

"As of September 30, 1999, we had approximately $7.8 million of net operating loss carryforward"

net income
q1 4,243
q2 4,146
total 8,389

roughly, q2 taxed on only 600 of 4146

I believe F5 paid a little bit of tax in q2 too,
but the bus. wire release doesn't show tax provision there.

though my calculation is rough,
I believe my point of significant tax cut in q3 is still valid

David

> the recent acquisition of cisco's is nothign but a credit to f5 business
> worth. i think the worst is over for the stock. it should never have been
> at 160, nor should it be at 30's, the best thing to do with these volatile
> stocks is to draw a line in between.
> if f5 executes according to plan, i think they could win big. but all of
> the above are just hopeful opinions of mine. again, if you are an
> accountant, i take it you are a better judge reg. earnings, if not, then i
> suggest you consult one.
>



To: dtong who wrote (873)5/7/2000 8:14:00 AM
From: Techplayer  Read Replies (2) | Respond to of 1801
 
dtong, very unlikely. if the company is providing guidance o a specified growth, it certainly takes into account estimated material effects of taxes, margins, gross sales, etc. your hype on all of the boards (repetitive posting) also leads me to believe that your motives are disingenuous (you are short). tp