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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (48455)4/21/2002 7:47:53 AM
From: JDN  Read Replies (1) of 64865
 
Dear Charles: Sounds like we are in agreement. Actually few knowledgeable people pay attention to goodwill anyhow. Even in lending we subtract from net worth intangible assets (this doesnt mean they are not valuable by the way, often they are THE MOST VALUE a company has,) and I think today most people would add back non cash writedowns (ie pay more attention to cash flow than earnings). So, I dont think all this discussion really means much except in an Academic Sense. The bottom line is I always preferred Pooling concept of acquisition over Purchase yet that became the frowned upon method. Glad I am retired, dont have to concern myself with these issues anymore, I would rather be JEEPING anyhow. jdn
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