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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%Dec 8 3:59 PM EST
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To: Robohogs who wrote (48863)6/17/1998 1:30:00 PM
From: Chuzzlewit  Read Replies (1) of 61433
 
Jonathan, you echoed exactly what I said. So why wait if the business combination makes sense and there is no impact on cash flow or taxes. It seems to me that the amortization of goodwill is simply an illusory hit against against equally illusory earnings. When any company pays a premium for another company it is immediately known regardless of whether it is explicitly stated on the balance sheet as goodwill.

TTFN,
CTC
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