Justfrank, his math is as bad as Seth's:
Just an observation - hope you noticed.
by iamabasherofgte (Yahoo Board) [55 minutes ago]
Income Statement Highlights Q2 2006
Q2 2005
Change
Sales
$21,629
$19,701
9.8%
Net Profit
($3,969)
($5,957)
N/A
EPS
($0.04)
($0.08)
N/A
Diluted Shares
104,468
75,004
39.3%
As Per Seth: - Did anyone notice Seth's accounting?
Sales up, Net profits are better and earnings per share, too. If GTE hadn't diluted shares to raise capital - earnings per share would be positive!
This is an obvious attempt to bash GTE and management; I am very disapointed with MF's character in staff want-to-be reporters!