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To: still learning who wrote (1843)10/20/1998 1:14:00 PM
From: John Arnopp  Respond to of 4467
 
From the press release:

Average common shares outstanding

Basic 32,010
Diluted 34,983

NOTE: Diluted earnings per share calculations adjust net earnings for the dilutive effect of public investee common stock equivalents and convertible securities.


They explained in the call that with the price so low, they have to count some convertibles in the fully-diluted number.

--John