SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cyber Bill who wrote (180)3/16/1997 9:55:00 PM
From: Robert van Mil   of 451
 
Cyber Bill,
I don't think it is that unreasonable to claim 25Mil in goodwill for a company with 100Mil annual sales.
Even if as you say <in the unlikely event that PLT goes belly up, there will be a buyer to whom these sales figures are worth something.
You could argue that the amount listed for goodwill is high, but having this kind of sales revenue is deffinitlely an asset that will play a role when somebody wants to take over a company.
Just my opinion,
Robert
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext