TSX:PTI.UN - Post by User
Comment by
SurfForWealthon Dec 20, 2003 10:22am
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Post# 6806552
RE: Thoughts!
RE: Thoughts!I meant to mention that I did a lot of dissecting before I decided to sell. The change in reporting currency actually had the effect of making things look better than they really are. The decline in earnings for Q4 was not really 22% but more like 34% in Cdn$ terms & the revenue growth was less than it appears due to the fact that the exchange rate was much higher one year earlier for which they use to convert the year ago revenue figures. Cheers!!!