MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 5 4:00 PM EST

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To: Les H who wrote (42084)	3/3/2000 1:05:00 AM
From: AlanH	Read Replies (1) of 99985

Les, re:mergers and FASB Imagine the delight of Benhamou (and company)... * Acquire USRobotics, write-down various costs thereby inflating earnings (er, paring losses); * Spin-off PALM, netting wildly more than original acquisition swap; * Refocus business units, per following release: biz.yahoo.com (Gee, I wonder if the modem business is a keeper?) Say, didn't FASB ink the loop-hole for hiding labor costs visa-vis "incentive stock options"? What are the odds that FASB will kill the golden merger goose? Joking aside, thanks for the frequent news posts. Alan

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