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.

Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (4336)	2/27/1998 5:17:00 PM
From: Jonathan Lebed	Respond to of 27968

<<2. As I understand, it is now required by the SEC that EPS numbers be stated based upon a diluted eps.>> If this is true..I am SURE that the $0.11 is diluted. I don't think that on Monday we will see..."FAMH reports $0.09 diluted EPS." Ira said $0.11..he is a man of his word. You people think Ira is trying to confuse us. Remember the nonsense..."the $0.11 is before taxes..blah blah blah?" I don't want to hear this false rumor $#!T again. BTW..I just emailed Ira about this,, I will post his responce. Jon

To: Leroyt who wrote (4336)	2/28/1998 1:19:00 AM
From: ronayre	Respond to of 27968

Leroy, be careful of the loopholes..... The new rules don't require companies to include ALL options in their EPS calculations, only.... in the money options....and the new FASB rules don't require earnings reports to reflect the true cost of stock options....now, they must give two earnings per share numbers...basic, or net income divided by number of shares outstanding...and diluted, which include... in the money options... and convertible securities in the share calculation. So the... out of the money options... and the true cost of options still don't have to be included in income calculations. Of course this is a Co.'s sneaky way to pay executives as it never appears on the income statement, and if the options are ever put... in the money... it will eventually cost the Co. plenty! Be cautious: RR