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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (47250)2/6/2002 7:06:14 AM
From: JDN  Read Replies (1) of 64865
 
Dear Charles: Your question sounds simple BUT in todays accounting world NOTHING is simple anymore, thats the problem. Basicall, you must consolidate all financials where you have CONTROL. If the agreements are silent you are deemed to have control if you own over 50% of the equity. HOWEVER, it is possible through management agreements and the like to actually have control with less then 50% or not to have control with more than 50%. Now, remember I have been out of the loop for 11 years buts thats what my foggy memory remembers. JDN
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