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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: jonkai who wrote (71891)7/31/2002 12:07:30 PM
From: Charles Tutt  Read Replies (1) | Respond to of 74651
 
I don't think it is uncommon or in any way problematic that tax accounting and GAAP accounting diverge.

JMHO.

Charles Tutt (SM)



To: jonkai who wrote (71891)7/31/2002 12:22:58 PM
From: Exacctnt  Read Replies (2) | Respond to of 74651
 
<<<<MSFT using rules to show investors one set of books and the IRS a second set is perfectly legal, but only employees who want to hide something do such a thing to its own owners......>>>>

How stupid can you get? Every company in the world that has plant property and equipment on its books reports depreciation differently on reports to shareholders versus the IRS. A simple example of differences in reporting due to the tax code. Your zeal in slamming MSFT has blinded you to simple facts. Get a life and don't be such a loser.