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To: OVETUS who wrote (6540)1/15/1998 9:32:00 AM
From: Keith J  Read Replies (1) | Respond to of 27307
 
The charge is for non-recurring items, and is not included by analysts in their calculations.

I'd look at it this way, last quarter they made 1 cent (when you include Four11). This quarter they made 5 cents. Let's say on average they can add 2 cents per quarter for the next year, that would give them 40 cents for the next fiscal year. So at the end of 1998, they would still have a PE of nearly 175.

KJ



To: OVETUS who wrote (6540)1/15/1998 9:42:00 AM
From: Oeconomicus  Respond to of 27307
 
When the analysts were projecting a .03 cents for the 4Q, were they including the charge or not?

Good question. Anybody actually see any of these analysts' reports where they projected 3 cents (or 5 cents)?

BTW, how did cash increase by $3.1mm when the changes in assets and liabilities (excluding the $5mm of other assets that was paid for with stock - GeoCities) show a net use of cash of 5.8mm and they had a net loss of $1.3mm.

Final query - If a nonrecurring cost recurs every quarter and nobody hears it, will a tree clobber a bear in the woods?

Bob