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Technology Stocks : JDS Uniphase (JDSU)

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To: nihil who wrote (7359)3/9/2000 11:41:00 AM
From: Guy Gordon  Read Replies (1) of 24042
 
This is only because the rules were changed to no longer allow companies to write off "good will, etc." on acquisitions. They now have to be amortized.

You'll find that lots of analysts are now backing out these charges when predicting earnings.

This is going to make things very confusing going forward.
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