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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Greg h2o who wrote (34549)7/26/2001 7:48:13 PM
From: kvkkc1  Read Replies (2) of 42804
 
Sensitive are we.

<and will amend its Quarterly Report on Form 10-Q for the quarter ended March 31, 2001 to reduce the carrying value of goodwill by $38.7 billion for that quarter. In addition, the Company has recorded a $6.1 billion reduction of goodwill for the quarter ended June 30, 2001 following further declines in its market capitalization.>

You can call it what you want, but $38B magically disappears. 38B + 6B this quarter = 44B. Maybe Jawja schools ain't all there cranked up to be. gg. I guess you don't care that they diluted the hell out of their stock buying overpriced companies. Get a clue pal.knc
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