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

To: robert b furman who wrote (20998)	7/29/2001 11:55:04 AM
From: RetiredNow	Respond to of 24042

I'm just guessing, but I would guess yes. But since Tax accounting is usually cash basis, then maybe not. But if they can use that Goodwill, my gosh that would be a huge loss carryforwards. :)

To: robert b furman who wrote (20998)	7/29/2001 9:23:07 PM
From: BWAC	Read Replies (1) \| Respond to of 24042

<Does this write-off of goodwill enable the company to have a tax loss carry forward which will offset: operating earnings investment earnings or a general deduction and if so over what time period. > Robert, That is an even more complicated answer. I don't know if we have enough public information to have a clue. Possibly the best clue would be to pay attention to the effective Tax Rate that is being used as JDSU moves back towards profit. There are just so many differences between tax accounting and Gaap accounting. This would be a great question for someone to pose to the company? Off hand I would guess there will be some increased current tax benefit of the loss, but I imagine that the majority thing will be wrote off over an extended time.