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Technology Stocks : Network Associates (NET)
NET 240.46+3.3%3:59 PM EST
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To: Chuzzlewit who wrote (4534)3/27/1999 8:34:00 PM
From: Edwarda  Read Replies (1) of 6021
 
I understand that FORE has attempted to write off the future costs of in-process R&D on products that were already marketed -- a pretty neat trick (dare I call it FOREplay).

We really should be engaging in this FOREplay on the FORE thread.

Berkeley had no revenues when acquired by FORE, merely a technology in development. FORE based the write off on the supposed lack of immediate technological feasibility. Problem: product introduction virtually immediately following acquisitio.n
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