Gerhard,

On Thu, 28 Oct 2004 09:01:28 -0700, Gerhard Fiedler 
wrote:

> The absence of profit calculation makes the spending 
easier... :)

Indeed - I've known of situations where a company's 
profit-per-share was criticised by a bank as a being too 
low (although positive) to justify lending them money.  
But they lent money to another company that had made a 
loss - because they don't calculate loss-per-share so 
that data was ignored!  :-#

Cheers,


Howard Winter
St.Albans, England


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