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To: Robert Scott Diver who wrote (3519)7/20/1998 4:45:00 PM
From: yard_man  Read Replies (1) | Respond to of 8218
 
Is per share income only up because of the stock buy back?

let's see 5.5% increase in net/share? Hardly any change in net?

Certainly not growing on the quarter to quarter comparison. Why's it worth expanding the multiple further at this point?

It will sell-off tomorrow before I can get puts.



To: Robert Scott Diver who wrote (3519)7/20/1998 4:54:00 PM
From: j g cordes  Read Replies (1) | Respond to of 8218
 
Does the avg. shares outstanding number mean that 47.3 million shares were bought back? About 5% fewer shares to divide earnings into? So gross profits down 3.4%.. the fudge factor to make earnings per share meet+ consensus (remember consensus just 60 days ago was 1.56 per share) came from reducing shares.

What's the cc saying?


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