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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (28225)1/30/2003 7:24:48 AM
From: Mike M2  Read Replies (1) | Respond to of 74559
 
Elmatador, i was referring to a 1995 ? one -time charge of $500 Million when AOL came under fire for capitalizing marketing expenses. It has become common to see recurring non recurring charges. Inflate you reported income -then take a one time charge ( hide the damage on the balance sheet) . Now this $100 Billion - that's serious money. mike



To: elmatador who wrote (28225)1/30/2003 8:26:13 AM
From: LLCF  Respond to of 74559
 
<the largest annual loss in U.S. corporate history -- and in a sign of further turmoil, media mogul Ted Turner said he would step down as vice chairman.>

Bet Ted feels like a real chump holding all that stock and supporting that silly merger. Shoulda listend to Jane. :)

DAK


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