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Microcap & Penny Stocks : Wordcraft Systems -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (661)	5/20/1999 10:06:00 PM
From: Bobcat	Read Replies (2) \| Respond to of 758

Victor - After taking a second look, that is exactly correct. However that has to be a typing error. If you take Net Income of $744,630 and divide it by total outstanding shares 5,679,150 you get: $.13111631376212 And that is not 13/100 cent.

To: Victor Lazlo who wrote (661)	5/21/1999 12:24:00 AM
From: out_of_the_loop	Respond to of 758

That looks like a typo. It is $0.13 which is the same as 13 cents. Whoever wrote in text form $0.13 cents just made an error. Look at the table below cut and pasted from biz.yahoo.com For the Three Months Ended March 31, 1999 and 1998 THREE MONTHS ENDED MARCH 31: 1999: 1998: ----- ----- REVENUES $3,251,941 $2,403,378 EXPENSES $2,090,886 $1,991,533 NET INCOME $ 744,630 $ 278,303 PER SHARE AMOUNTS BASIC EARNINGS PER SHARE $ .16 $ .06 DILUTED EARNINGS PER SHARE $ .13 $ .05 Whoever wrote the text is a moron and does not know how to express the amount correctly, but that does not change the fact that it is 13 cents. If you do not believe me, call the company. If you choose to believe the typo and spread inaccuracies, that is your prerogative. It is always a good idea to confirm a nonsequitur with a second source. Here it is from edgar-online.com; *************** 4 KIDS ENTERTAINMENT INC Filed on May 18 1999 EXHIBIT 27 - ARTICLE 5 THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS FOR THE THREE MONTHS END MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. PERIOD-TYPE 3-MOS FISCAL-YEAR-END DEC-31-1999 PERIOD-END MAR-31-1999 CASH 16,202,265 SECURITIES 0 RECEIVABLES 11,478,942 ALLOWANCES 516,671 INVENTORY 0 CURRENT-ASSETS 27,450,559 PP&E 1,570,253 DEPRECIATION 1,404,650 TOTAL-ASSETS 32,228,559 CURRENT-LIABILITIES 13,507,328 BONDS 0 PREFERRED-MANDATORY 0 PREFERRED 0 COMMON 50,271 OTHER-SE 18,291,948 TOTAL-LIABILITY-AND-EQUITY 32,228,559 SALES 0 TOTAL-REVENUES 3,251,941 CGS 0 TOTAL-COSTS 0 OTHER-EXPENSES 0 LOSS-PROVISION 0 INTEREST-EXPENSE 0 INCOME-PRETAX 1,306,630 INCOME-TAX 562,000 INCOME-CONTINUING 744,630 DISCONTINUED 0 EXTRAORDINARY 0 CHANGES 0 NET-INCOME 744,630 EPS-PRIMARY 0.16 EPS-DILUTED 0.13 ******************************** Good luck.