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.
Technology Stocks : INPR - Inprise to Borland (BORL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TTOSBT who wrote (4264)2/4/2000 7:02:00 PM
From: Jerry Whlan  Read Replies (2) of 5102
 
One-time write down was a good thing.

You said:

I'm hopping MSFT's money will not go mostly on one time write-downs at Inprise and they use it to do what Apple did and reinvent themselves -which of course we know they are trying to do!

As far as I have been able to tell, the write-down was due to a re-evaluation of the value of their real-estate. They didn't actually lose/spend any money. In fact, to me it looked like a way to offset the tax burden of the $100M from MSFT. By taking the write-down in the same fiscal year as the MSFT donation, they severely reduced the amount of taxes they had to pay on the $100M.

David, you seem to be the accountant around here, does this jibe with your understanding of what happened?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News