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.

Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (718)	5/6/1999 9:07:00 AM
From: Mark Marcellus	Read Replies (1) \| Respond to of 821

I believe the release says they had an operating result of .01 profit per share without amortization. But amortization is part of GAAP so that claim is not very important to the Street. Dale, there are analysts who believe that goodwill amortization should be added back into earnings. The clearest explanation I know of as to why this is appropriate was given by Warren Buffett in his 1983 letter to shareholders. berkshirehathaway.com Of course Warren has also said that if he taught a course in analysis, he would flunk anyone who tried to value an internet stock. <g> FWIW, Mark