2Morrow:
The rule is the same as it has always been for the other PSL contests and also for VMC.
This is from the IBOX.
the company must have earnings in the most recent quarter - or if not, more earnings than losses in the most recent two quarters - or if not, more earnings than losses in the most recent three quarters - or if not, more earnings than losses in the most recent four quarters. In other words, there must be some interval of time (1, 2, 3 or 4 quarters) where the company has positive earnings.
As SSK says... hope this helps. Good luck!
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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