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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: John Metcalf who wrote (1394)8/4/2000 9:02:24 PM
From: IRWIN JAMES FRANKEL  Respond to of 52153
 
I believe that R&D expenditures are [usually/often] an asset. My fear is that if we ever get to the point that accounting rules recognize R&D as creating an asset that the democrats will tax it. They will just say they are closing a loophole the republicans use to make Peter rich. <g> I don't want that.

Astute investors can ferret out the info and make good decisions without the accountants ever getting it our way.

ij