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Technology Stocks : Network Associates (NET)
NET 193.83+4.1%Nov 24 3:59 PM EST

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To: Charlie Smith who wrote (4283)3/15/1999 3:34:00 PM
From: Edwarda  Read Replies (1) of 6021
 
I remember a number of years ago when Honeywell announced a target return on assets that would have marked a significant improvement. However, the company then proceeded to indulge in an orgy of restructuring charges and asset write offs to propel itself to this target. I remember thinking hey, at this rate, these bozos will have an infinite return, having written off every asset!
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