PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (3551)	11/17/1998 7:01:00 AM
From: Melissa McAuliffe	Read Replies (2) of 4509

From an accounting perspective, how will they account for this on an ongoing basis? I guess if they could account for it as two completely separate companies I could see the point of doing it but even then I'm not sure. If it's all R&D, isn't R&D capitalized anyway so it doesn't have to hit the bottom line. If that's the case then I'm not sure it does make sense. Guess I still don't know what to make of this. If a person wanted to invest in PSFT seems like it would make more sense to invest in Momentum, or is this incorrect? I think this is the second time someone mentioned LU. When LU was spun off, weren't they already a viable company with products and a revenue stream?

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