SI
SI
discoversearch

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 : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: vinh pham who wrote (8877)6/4/1999 10:20:00 AM
From: blankmind  Respond to of 30916
 
thanks for the accounting lessons and info this a.m.



To: vinh pham who wrote (8877)6/4/1999 10:37:00 AM
From: vinh pham  Respond to of 30916
 
yet, one more post by James_Gatz_99 in answering my question of Brainson's estimated 2 cents versus Jonas' 10 censt:

<<by: James_Gatz_99 77444 of 77506
I did not listen to the conference call, but read all of the posts pertaining to it yesterday. Based on what people typed, I believe Jonas was referring to the impact of the NTOP loss for the quarter on the IDTC core business (.10 - most likely before taxes). If this is true, when NTOP filed its EPS for the quarter, it would report an operating loss of .10/share - assuming it had the same number of shares as IDTC issued. However, IDTC would report only its share of the loss .10 loss or .08 (roughly 70% - there are some tax issues here that could account for the penny difference & rounding)leaving IDTC company quarterly earnings .02 higher than
they actually were reported. Therefore, both men could be speaking about the same amounts, but defining them differently.>>

therefore, if the above assumptions are correct then we can expect the bottom line of IDT's report could be improved as much as 2 cents.