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


To: Knighty Tin who wrote (42159)1/4/1999 6:51:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 132070
 
MB:

This morning the analyst at Lehman Bro. cut CPU's earning by predicting average store sale would be down 3%. The actual number is 4.7%. Also if you calculate the converted store sale, you will find the store sale at the converted store is lower than the original stores.

Jeff



To: Knighty Tin who wrote (42159)1/4/1999 7:01:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 132070
 
MB:

The report is right. The accounting is:

old: 1 unit * $1 = 1
now: 1.5 unit * $0.8 = 1.2

The revenue is up 20%.

Jeff