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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: marketing1 who wrote (5368)11/30/2000 6:32:38 AM
From: Louis V. Lambrecht  Read Replies (2) of 19219
 
marketing1 - write offs only are the top of the iceberg.

Until now, most mergers could be accomplished with the "pooling of interest" accounting method.
Companies merge their balances, show growth.

Next year, mergers will have to be accounted by the "purchase accounting" method and amortized over a certain period of time.
= increase debt (buying a company) and increase losses (amortize the cost of buying over several years).
washingtonpost.com

Bad earnings ahead.
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