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Technology Stocks : AOL, now I get it

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To: Thom Taylor who wrote (92)11/26/1996 11:31:00 AM
From: Kenneth Lu   of 496
 
Hey Thom:

Can you be more specific about the advertising asset? From what I understand, advertising expenses (not direct-marketing expense) cannot be defered; they have to book that into expenses as it occur. If possible, please suggest your source of information. Thanks for clarifying.

Regards,
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