I think everyone compare CX vs SQ so I don't see the problem here. Of course, provided the comparison is justify. In this case, CX's US$159MM loss is a result from the first six months while I believe SQ's US$214MM loss is a result from the first quarter (Apr-Jun '03). I'm sure SQ's loss will be much smaller if you also count Jan-Mar '03 profit.
[This message has been edited by OnePassLover (edited 08-06-2003).]