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Technology Stocks : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?


To: A. Reader who wrote (300)12/18/1997 10:14:00 PM
From: Tommy D  Read Replies (2) | Respond to of 1094
 
The results were not great today but the projected operating loss may not be as bad as had been expected. The three extraordinary items totaled $90 million so if the total loss is supposed to be $95 million, that would mean that the operating loss is projected to be $5 million which is approximately $.075 per share. I don't know if the previous estimates included an amount for extraordinary items or not. The number I had seen was $.19 per share loss for the quarter. If the estimeates just considered the operating loss, it would seem that the margins may be a little better than people thought. I am going to search around a little to try to determine what the expected loss consisted of.

Regards Tommy