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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (28099)1/14/1998 7:03:00 PM
From: BillyG  Read Replies (1) | Respond to of 50808
 
There's probably an SEC link or FASB link somewhere. Intel mentioned the rule in its earning release yesterday:

Intel is now required to report two separate earnings per share numbers, basic EPS and diluted EPS. Diluted EPS is the same number as Intel has previously been reporting as earnings per share and includes the dilutive impact of employee options and the 1998 Step-Up Warrants.



To: Stoctrash who wrote (28099)1/14/1998 8:29:00 PM
From: Tim McCormick  Respond to of 50808
 
Fred, on new EPS rules. (Subscription to WSJ interactive required)
interactive.wsj.com ,Tim



To: Stoctrash who wrote (28099)1/14/1998 8:35:00 PM
From: John Rieman  Read Replies (1) | Respond to of 50808
 
How about a link to Cube's 10Q dated 8/14/97......................

sec.gov

4. Recently Issued Accounting Standards

In February 1997, the Financial Accounting Standards Board ("FASB")
issued Statement of Financial Accounting Standards No. 128, "Earnings
per Share" ("SFAS 128"). The Company is required to adopt SFAS 128 in
the fourth quarter of fiscal 1997 and will restate at that time earnings
per share ("EPS") data for prior periods to conform with SFAS 128.
Earlier application is not permitted.

SFAS 128 replaces current EPS reporting requirements and requires
the Company to present both basic and diluted EPS. Basic EPS excludes
dilution and is computed by dividing net income by the weighted average
of common shares outstanding for the period. Diluted EPS reflects the
potential dilution that could occur if securities or other contracts to
issue common stock were exercised or converted into common stock.

If SFAS 128 had been in effect during the current and prior year
periods, basic EPS would have been $0.21 and $0.42 for the quarters
ended June 30, 1997 and 1996, respectively, and $0.64 and $0.83 for the
six months ended June 30, 1997 and 1996, respectively. Diluted EPS under
SFAS 128 would not have been significantly different from EPS currently
reported for the periods.

In June 1997, the FASB adopted Statements of Financial Accounting
Standards No. 130, "Reporting Comprehensive Income," which requires that
an enterprise report, by major components and a single total, the change
in its net assets during the period from nonowner sources; and No. 131
"Disclosures about Segments of an Enterprise and Related Information,"
which establishes annual and interim reporting standards for an
enterprise's business segments and related disclosures about its
products, services, geographic areas and major customers. Adoption of
these statements will not impact the Company's consolidated financial
position, results of operations or cash flows. Both statements are
effective for fiscal years beginning after December 15, 1997, with
earlier application permitted.



To: Stoctrash who wrote (28099)1/14/1998 9:28:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Advantage Cube...

Philips, Sony and Samsung are Cube VCD customers...

Foreign Home Electronic Appliances Increase Pressure

01/14/98
AsiaInfo Daily News Service
Page 6
Copyright AsiaInfo Services, Inc. - Distribution by license only.


CHINA, January 14, AsiaInfo Services, Inc -- Although Chinese
home electronic appliances perform well in market, the
competition pressure from international famous brands ascends
instead of declining. In the color TV market, many brands
including National, Philips, Sony and Samsung Climb in their
market share. In the VCD market, foreign brands present their
products, meanwhile publicizing DVD. In the refrigerater market
monopolized by home products for many years, foreign brands
begin to impose pressure.