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To: James M. Bash who wrote (2642)11/10/1999 2:50:00 PM
From: jeffbas  Respond to of 2920
 
Future earnings will be perhaps $.10 per quarter higher with the writedown than without it. The stock should go up on the news unless it has gone up so much in the meantime that it is fully discounted in the price when/if it is finally announced.