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To: Lola who wrote (17570)12/28/1999 6:18:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 36688
 
What kind of accounting lists $8.6 million spent in China as an asset? It is like they are treating it as a deferred asset. It should be either a "fixed asset" or "goodwill". It has no intrinsic value which means that this company is in the fiscal potty.



To: Lola who wrote (17570)12/28/1999 7:15:00 PM
From: Ichy Smith  Read Replies (1) | Respond to of 36688
 
BGT ... investments in China ... those can be pretty scary. One thing that bothers me about their smart card connection is they keep talking about China.

Perhaps I am completely without a clue, but what kind of momentum are we expecting on this tomorrow morning....
also Lola, have you got any picks for tomorrow? I made a tidy profit last time you listed what you were watching for the next day......