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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62367)	3/26/2002 11:13:34 PM
From: BWAC	Respond to of 70976

Well there's Crammer distorting reality again for maximum misinformation. Yes AOL is doing a 54 Billion Goodwill writeoff. Goodwill that was a result of using overvalued $80 plus stock to acquire Time Warner. Goodwill writeoff 'adjusts' this transaction back to the realities of the moment. Nothing more. Nothing less. And anyway? AOL has a Goodwill inclusive book value of $34 per share. Its not like the market is valuing that Goodwill at anything anyway based on todays $23 price. The Goodwill writeoff will get AOL's book value down to around $20. So is this all what Crammer was yelling on about? Think maybe he could have stopped waving his arms and wagging his mouth long enough to think a bit?