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To: Frank A. Coluccio who wrote (964)4/30/2001 10:55:05 AM
From: David Wiggins  Respond to of 987
 
Frank, If they take the writeoff now (and the investment is mostly worthless) they do not have to continue to amortize goodwill going forward.



To: Frank A. Coluccio who wrote (964)4/30/2001 1:05:00 PM
From: Bill Lotozo  Respond to of 987
 
His response was that he felt the current value on the books was a fair value of the aquisition and that there was no plan to write it off.


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