Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Thiokol now Cordant Techologies (CDD) -- Ignore unavailable to you. Want to Upgrade?

To: Carmine Cammarosano who wrote (23)	2/3/1998 3:08:00 PM
From: Carmine Cammarosano	Respond to of 127

TKC beats estimate...expectated $1.49...reported $1.24... so the answer to the puzzle is that $0.27 of total expense will not occur again but the bean counters say it is not a "normal accounting standard" to put this in as a one time expense like they did with the $0.37...TKC would have earned $0.87(reported profit) + 0.37(also reported as a one time expense and this will be a profit next time) + $0.27(not reported as a one time expense, but will a also go to the bottom line next time)...