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Technology Stocks : GX Investors Thread

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To: Sweet Ol who wrote (49)8/21/2001 11:32:11 PM
From: BWAC   of 586
 
John,

More net Property and Equip:

h) Impairment of Long-Lived Assets

The Company periodically evaluates whether facts and circumstances have occurred that indicate the carrying amount of a long-lived asset may be impaired. If an evaluation is required, the estimated future undiscounted cash flows associated with the asset are compared to the asset's carrying amount to determine if a write-down to market value or discounted cash flow is required.

F-13
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