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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: stockdoctor who wrote (15050)1/26/1998 1:39:00 PM
From: Gottfried  Respond to of 70976
 
stockdoctor, an in-depth explanation would be welcome and pertinent.
From the article...

the change in accounting rules is actually a good
thing. It means that from now on, when U.S. companies
calculate earnings per share, they will be taking into
account things like options, warrants and convertible
bonds. These types of securities can be converted into
stock ... and lower a company's earnings per share.


Is there more to it? I understand that by next quarter analysts
and companies will all go by the new rules. That may make some
backward comparisons look bad.

Please post your explanation.

GM