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To: David E. Taylor who wrote (79341)9/1/2000 2:04:15 PM
From: jazzcat2000  Read Replies (1) | Respond to of 152472
 
David T., I totally agree with the frustration of trying to compare P.E.'s as apples to apples. Wouldn't it be nice to have some conformity. This guy says the P.E. is 146 and many accept it as gospel. I've oftentimes seen varying P.E.'s for the same stock depending on the different website's checked.



To: David E. Taylor who wrote (79341)9/1/2000 2:06:20 PM
From: Jacob Snyder  Respond to of 152472
 
re: how to properly arrive at an EPS number

Take your pick of:
EPS in the headline
EPS in the company report
diluted EPS
EPS after adjusting for "extraordinary/special" charges (words that have an elastic definition)
ATOP
EPS after adjusting for deferred expenses, like outstanding employee stock options
etc.

This offers enough choices, that any investor can see any EPS he wants to see. There is an entire industry, staffed by legions of Creative Accountants, devoted to showing investors the numbers they want to see.