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To: Mike Buckley who wrote (49188)11/28/2001 1:02:25 AM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
>> Why do you react with an "ouch" about the SEC filing referring to losses due to acquisition costs? We discuss companies regularly here that are in that position.

It was an involuntary reaction, Mike. I groan every time I hear of a billion dollar write off related to acquisitions. I find it amazing how un-accretive most acquisitions wind up being anyway, witness CPQ.

uf