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Technology Stocks : Compaq
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To: Night Writer who wrote (95866)3/8/2002 3:24:33 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
GE should have elected to use CPQ's new accounting method.
I wonder if GE's channel is stuffed full of light bulbs!?!?

GE/Annual Report -3: Accounting Change To Cost 10 Cents/Share In 1st Quarter

Elsewhere in the filing, General Electric said it expects a $1 billion, or 10 cents a share, non-cash transition charge to earnings in the first quarter related to an accounting rule change.
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