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Technology Stocks : Nortel Networks (NT)

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To: pat mudge who wrote (7354)10/23/2000 3:18:23 PM
From: telecomguy  Read Replies (4) of 14638
 
No Cdn accounting laws are much more tighter........NT has always been writing off the goodwill which is why on paper they have been losing money after all depn & amortization.

Barron's article (which I haven't read) does NOT bring any new news.........everyone knew that CSCO didn't write off goodwill so I doubt that the institutional investors (who drive the market) was unaware of CSCO's P&L not including goodwill write-off.
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