Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (20632)	6/22/2001 6:45:39 PM
From: eeziee	Respond to of 24042

<Maybe you haven't seen this article yet.> Dipy, Good article. Thanks for the reference. I am quite aware of JDSU's inflated book value. Did not see this as a problem. It is my understanding that most of this occurred because JDSU bought up smaller companies with inflated JDSU stock. The loss is a paper loss. I am no accountant and have but a rudimentary knowledge of this stuff. I thought that the 40 billion or so of inflated value could be used for years to come to offset future taxes due. If JDSU takes an early writedown do they lose some or all of these future tax benefits? Any accountants out there? TIA eezie

To: sea_biscuit who wrote (20632)	6/22/2001 7:05:28 PM
From: OWN STOCK	Read Replies (1) \| Respond to of 24042

Dipy: This is really, really old news...read the posts on the JDSU monitored thread to see good discussion. Basically, if GW is an issue for you, stay with the Dow. Frankly, it is the best tax dodge around...and while it is an asset, it in an intangible asset...easy come, easy go... My goodness, you really do need to buy and read a good basic book on business accounting...try Amazon.com. It will be cheaper than the subscription you are paying to SI, and will benefit you greatly... -Own