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Thursday, October 13, 2005

Google helps clarify non-GAAP earnings (GOOG)

Google posts a relatively cogent missive about non-GAAP earnings. They're bending to the stupidity of the sell-side and trying to make sure that the Street adds, subtracts and tax-effects correctly. Interesting that they're pandering to the Street like this. I wonder if they're running into the "Our stock price isn't going straight up anymore and we might lose all of the 30 bazillionaires that we minted in our IPO"-syndrome. Microsoft has been dealing with that issue for awhile now.

Meet your new boss... Looks a lot like the old boss...


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