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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: BelowTheCrowd who wrote (12069)11/17/2004 9:00:59 PM
From: BWAC  Read Replies (3) | Respond to of 25522
 
<An other point that was mentioned in the call is that $.02 were the result of a favorable tax ruling and a litigation settlement. Without those two one-time items, they would have missed by a penny.>

Yes, I though it strange in the press release to read "
The company's ongoing net income was $455 million, or $0.27 per share, for the fourth fiscal quarter of 2004."

Since WHEN was a litigation settlement part of ongoing operations????


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