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Technology Stocks : Avid Technology
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To: BMcV who wrote (656)2/4/1999 5:05:00 PM
From: cirrus   of 777
 
Can anyone explain what "tax effected" means? And what about the part discussing "IPR&D and not reporting net income..."? I understand that the SEC has been cracking down on excessive IPR&D writeoffs, but how can AVID issue any numbers with this hanging open?

The revenue, receivables and comments look good, but I am a bit puzzled and concerned by the verbal gymnastics.
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