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To: IceShark who wrote (31420)	10/26/2000 2:02:04 AM
From: Craig Richards	Read Replies (1) \| Respond to of 436258

I'm no accountant. I think I meant amortization instead of depreciation, but I'm not even sure about that.

To: IceShark who wrote (31420)	10/26/2000 2:15:28 AM
From: The Duke of URL©	Read Replies (1) \| Respond to of 436258

BTW you don't depreciate goodwill. well sort of, if you don't use pooling of interests, the the difference between the basis of the hard assets of the acquired company and the amount you paid, is amortized, which is the same a depreciation, except that the term is applied to 'intangible' assets, rather than tangibles like trucks and stuff. I'm not defending NT but they did only miss the revenue projections by 1.3% on 7.3 Billion. And they do seem to have about 3 Billion a year in EBIDTA or some such which would seem to support this poster's point. I don't follow NT so I really haven't looked closely at their accounting rocka rocka to see what else is cooking.