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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (31483)	10/26/2000 9:42:24 AM
From: Gary M. Reed	Read Replies (1) \| Respond to of 436258

Per CNNfn, former Magellan manager Vinik is shutting down his $4 billion hedge fund.

To: AllansAlias who wrote (31483)	10/26/2000 10:07:26 AM
From: Perspective	Respond to of 436258

Analysts expected it would earn 6 cents a share, according to First Call/Thomson Financial. VeriSign, which offers authentication-software and domain-name registration, earned $38.4 million excluding certain items, compared with $1.6 million, 1 cent a share, a year earlier. But the most-recent quarter did include a $2.4 million pretax gain from the sale of securities and a hefty $20.5 million in pretax interest income, neither of which the company broke out on a per-share basis. Revenue soared to $173.1 million from $22.8 million a year earlier. How the hell can they get away with making that comparison? The new-and-improved revenue includes NSOL, but they don't have to revise the prior year number under a "pooling of interests" transaction? Hmm - maybe that's it - they used purchase accounting and told everyone to exclude the charge. Nice to see that most of that income was not from operations. Wow, what a company. BC