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Technology Stocks : Gateway (GTW)

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To: DWW II who wrote (4965)	12/8/1997 3:19:00 AM
From: ratan lal	Read Replies (2) of 8002

DWW << I do not know if it is legal to "write down" the value of "obsolete" inventories, >> Not only is it legal it is a good business practice. But companies hate to do it because it reduces their profit. So they collect it all and write it down once a year or every so often and call it a one time charge (as if it were never going to happen again. GTW did that last quarter and got away with it. People are so gulli-bull.) << So, Ted tells his 6000 closest friends and his family to....."get out for a qtr. and get back in later" >> The anal-ists and investors dont like this because they feel the company has no control over their business and will not trust their dollars invested in such a company. Besides p/e ratios are done on annual earnings and only the stock price fluctuates on quarterly earnings. << So,Dump the 100 Mil. software pkg on the IRS, >> If they 'trash' the software then they 'will' have to write it off else they will have to amortise it. ratan

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