PSFT - 1999: The "Make-It-or-Break-It" Year? Message Board

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Technology Stocks : PSFT - 1999: The "Make-It-or-Break-It" Year?

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Oct 29 5:00 PM EST

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To: lebo who wrote (328)	3/27/1999 7:18:00 PM
From: Michael Burry	Read Replies (1) of 1274

purchase accounting means that IBM will have to put goodwill on its balance sheet of (purchase price - PSFT book value) the purchase price that most bulls are counting on is a lot higher than here (o/w why would they be counting on it?), probably somewhere around $30, ensuring many billions of goodwill getting eaten by IBM

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