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 : 3Com Corporation (COMS)
COMS 0.001300.0%Nov 7 11:47 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael liu who wrote (14280)3/5/1998 5:30:00 PM
From: Jonathan C. Williams  Read Replies (2) of 45548
 
When you hear of something like this you have to understand the reasoning the SEC disallowed certain expenses to be classified as "restructuring costs". One you understand the reason, then you can conclude if the company will re-capitalize these cost and amortize over a 10, 20 or 40 years (I suspect they will be spread over 40 years). (156.2 million/40 years = 3.9 million to earnings/year (probable on one to two cents a year, net of taxes (I do not think it will be a big deal).

Comments/Regards.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext