PSIX up 26.5%, Takeover(?) Message Board

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Technology Stocks : PSIX up 26.5%, Takeover(?)

PSIX 54.94

+5.3%

Nov 24 3:59 PM EST

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To: 10K a day who wrote (5354)	11/18/2000 3:18:14 PM
From: bosquedog	Read Replies (1) of 5650

what the heck are impairment charges The market valuation of companies in the e-services consulting space has decreased dramatically since the announcement of our intention to acquire Metamor in March 2000. This decrease, combined with our decision to sell certain assets, triggered a review of the recoverability of the goodwill, other intangibles and other long-lived assets. As a result, we recorded a $504.0 million impairment charge during the three months ended September 30, 2000, reflecting the write-down of these assets to their estimated fair market value

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