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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (28225)1/30/2003 7:24:48 AM
From: Mike M2  Read Replies (1) of 74559
 
Elmatador, i was referring to a 1995 ? one -time charge of $500 Million when AOL came under fire for capitalizing marketing expenses. It has become common to see recurring non recurring charges. Inflate you reported income -then take a one time charge ( hide the damage on the balance sheet) . Now this $100 Billion - that's serious money. mike
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