SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 459.86+0.7%Jan 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John F. Dowd who wrote (64256)1/18/2002 8:20:33 PM
From: Josh Carroll  Read Replies (2) of 74651
 
re: The legal expenses referred to by MSFT in the .08 cent charge would be the cost of the litigation

Somebody from MSFT was on CNBC yesterday discussing the conference call and they specifically stated that the earnings charge was for the cost of the civil case including the settlement. He said even though the judge rejected the deal, accounting practices required that it be stated on the earnings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext