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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (3381)10/19/1998 5:58:00 PM
From: Chuzzlewit  Respond to of 6021
 
I think you are reading the numbers incorrectly. I think you are looking at the total of liabilities and S/H equity.

But by way of general information, book value can increase while profits decrease. How? By selling stock. Stock transactions are not part of the income statement (which is why I am so critical of options as a method of payment for wages and bonuses). When you sell common stock two equity accounts will increase: common stock (which is the par value of the stock) and paid in excess (which reflects the difference between the par value and the selling price of the stock). Now in point of fact, NETA did sell $117,305,000 in stock during the period.

TTFN,
CTC



To: AlienTech who wrote (3381)10/19/1998 6:00:00 PM
From: Richard Haugland  Read Replies (2) | Respond to of 6021
 
Book value: BIG increase in ALL categories of book value. Maybe they add the valued of the companies they acquired per the books but neglect it from the earnings calculation.

I like the 3 cents about the First Call estimate text. Sounds better that "just met whisper numbers." Probably go down tomorrow anyway.