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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: zbyslaw owczarczyk who wrote (17896)3/17/2000 7:33:00 PM
From: blaireo1  Respond to of 18016
 
ZO,

<<do not forget they b/c of merger they made entire good will write off associated with three acquisitions in one quarter.
If done over time eps would be in 17-18 range instead 13.
Zbyslaw>>


There wasn't enough good will to offset the tons of bad will generated in the investment community. <ggg>

Seriously though, I am not an accountant, but would not the eps be reported before special charges which I assume would include goodwill? In any event, I seem to recall expectations of eps "north of 20 cents".

No question in my mind, thank god they made a deal. Good bad or ugly... the deal had to be made. Long term it should work out nicely.

Blaireo