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Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (230)10/30/1998 11:08:00 AM
From: Dan Spillane  Respond to of 522
 
You bought the stock for one day on a whim and sold it? ...I have been following this company for two years. I appreciate your opinion and seeing some negative slant is a good thing to a certain degree. Anyone can juggle imagined numbers; it is much harder to do the work and understand a cos. business. I've done that work.

To answer your questions, please note the co. supports a 40 percent growth rate in revenues and EPS for 1999, using accepted accounting practices. What use then is the juggling of numbers away from accepted practices?



To: Grommit who wrote (230)10/30/1998 11:47:00 AM
From: Dan Spillane  Read Replies (1) | Respond to of 522
 
Your statements and the (ahem) "accounting" mindset you used made me laugh, since you adjusted the number down once in a non-standard way (taking a one-time charge out) and secondly you adjusted the tax rate for the year (already on the books) which never existed. I mean, why don't I just imagine a tax rate of "0" for this year, and then claim some P/E based on that EPS?

Do you have some sort of trading motive you hope to further by posting misleading information?

You said:
The EPS for 1998 was .89 (with the one time charge) but would only be .71 if fully taxed. At $26.5 stock price the PE is 37. Not cheap.




To: Grommit who wrote (230)10/30/1998 8:16:00 PM
From: Dan Spillane  Respond to of 522
 
Just spoke with the company. Tax rate will be the same low rate for FY 1999. <EOM>