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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (53440)4/19/2002 4:06:39 AM
From: Math Junkie  Read Replies (2) | Respond to of 99280
 
That's because CNBC stands for "Create New Bulls Corporation."



To: LTK007 who wrote (53440)4/19/2002 4:45:57 AM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
This CNBC business of MSFT having an upside surprise is ludicrous.

Immediately before the earnings release the concensus pro forma estimate was a profit of 0.51/share.

The GAAP figure was 0.49. After excluding the one time gain of 0.15 from Expedia and the one time investment impairment loss of 0.14, the pro forma loss was 0.48

That is a 0.03 miss on pro forma or 0.02 on GAAP. No way is this an upside surprise.


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