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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: Jill who wrote (25320)6/30/1999 8:21:00 PM
From: Gerald Walls  Read Replies (2) of 74651
 
dumb question: what does it mean,
"taking reserves that are too big?"


Others have explained what it technically means. Why the government cares is that reserves decrease current earnings, and therefore taxes. The government wants its pound of flesh in a more timely manner.
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