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Technology Stocks : AOL, now I get it

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To: James F. Hopkins who wrote (435)2/4/1997 3:46:00 PM
From: Joel Sternberg   of 496
 
>before an extraordinary charge of about $75 million.<

What's the extraordinary charge this time? Is this an old operating expense that was being capitalized, or a new one? Mind you, last quarter AOL not only wrote off their old acquisition costs, but some that had occurred in that very same quarter as well. Don't put it past them.
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