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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (18602)4/20/1999 4:04:00 PM
From: Tulvio Durand  Read Replies (1) | Respond to of 34811
 
... The swing in earnings was from negative 148,000 to positive 558,000... That's a total of 148,000 + 558,000 = 706,000 gain over last year... That comes to 477% swing gain from the negative number last year to the positive number this year...

Fuzzy math, as I suspected. Had they lost less money like $0 in year ago Q, then gain would have been infinite %; much better, uh? Had they lost twice as much in year ago Q (negative 296,000) then gain would have been 289%, ie., nearly half as good? Fuzzy math indeed! :-)

Tulvio