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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: Bob Martin who wrote (93)	3/18/1998 7:07:00 PM
From: Freedom Fighter	Respond to of 1722

>Re: Abby Cohen's earnings estimates appearing higher then S&P's >My guess is she is looking at earnings exclusive of non-recurring >gains and losses. If you ever listen to Bob Brinker on the radio, >he does the same thing. I do, too, when I evaluate a company. The >danger here is that some companies have far too many "non-recurring" >charges and gains, making them pretty much "recurring". Bob, You are correct on all points. However, First Call and IBES post only operating earnings exclusive of (recurring?) non-recurring charges too. That's why I posted. There is a difference between Abby and reality!