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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (17016)9/5/2002 5:58:30 PM
From: Kevin Podsiadlik  Respond to of 18998
 
Okay, I see the source of the confusion. You had the links backwards, the first one was to the 2002 filing and the second to the 1997 filing. Looks like it's mostly the result of PG's acquiring companies and divisions (most recently and notably Clairol) for prices in excess of THEIR net tangible book values.

I don't claim to understand the biz well enough to say "good move" or "bad move", but that seems to be pretty much where the money went.