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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (34290)	10/22/1998 1:04:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 132070

>>>>On settling. If women weren't willing to settle, I'd be a lonely guy. <G><<<< If women weren't willing to settle, you'd all be lonely guys. (And vice versa, of course). <G>

To: Knighty Tin who wrote (34290)	10/22/1998 1:09:00 PM
From: Cynic 2005	Respond to of 132070

Mike, 3M says they will do well next Q. Obviously, each writeoff counts! -g- <<Economic Crisis, Currency Rates Damages 3M's Core Earnings Dow Jones Newswires Minnesota Mining and Manufacturing Co. reported a huge drop in third-quarter earnings, reflecting a restructuring charge and a year-ago gain from the sale of a unit. Excluding items, per-share earnings declined 5.8%, hurt by the global economic crisis and unfavorable currency rates. The news sent shares of the 3M sharply lower. In midday trading on the New York Stock Exchange, 3M lost $4.25 to $80.125. The maker of consumer products, drugs and telecommunications equipment posted net income of $178 million, or 44 cents a diluted share, compared with a profit of $927 million, or $2.21 a diluted share, a year earlier. However, the latest quarter included a $332 million pretax restructuring charge. Without the charge, 3M would have earned 97 cents a share, a penny below estimates generated by First Call. Last year's profit would have totaled $432 million, or $1.03 a share, excluding a gain of $495 million from the sale of 3M's National Advertising Co. unit>>