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.

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

To: Victor Lazlo who wrote (663)	5/20/1999 10:17:00 PM
From: Bobcat	Respond to of 758

Victor I will give you good grades for the stock selection. But you need to brush up on your math. Simple logic tells us that the figures are simply a typing error. Simple math tells us that the earnings are $.13 or 13 cents a share. You simply do the simple division. Not a difficult procedure at all. Undoubtedly some typist did the report and she was not too sharp with figures and to top it off it was not proof read and therefore we see what we see.

To: Victor Lazlo who wrote (663)	5/21/1999 12:21:00 AM
From: Kevin McKenzie	Read Replies (1) \| Respond to of 758

Victor, Did you read the KIDE earnings announcement in full, or are you basing your entire argument on a misplaced period? Within the PR there is a simple table which shows, among other things, the Net Income of $744,630 and the fully diluted shares of 5,679,156. Simple math, as you say, tells me to divide the stated net income by the fully diluted shares $744,630/5,679,156 = .13 Since the unit of measure of the numerator is dollars and the unit of measure of the denominator is shares, the result is in dollars/share. So $ .13 / share. That's the same as 13 cents per share. I can't believe I'm wasting my time (and apparently yours) discussing such a simple concept. I don't even own any shares of this stock, I was just trying to help. If you don't want to read the entire PR, then so be it, you can believe that KIDE earned 13/100 of a cent. I don't need to call the company's IR department to have them explain how to divide net income by number of shares. I can do that just fine all by myself. Thanks for your interpretation of KIDE's financials.