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To: cfimx who wrote (63202)7/27/2005 11:58:16 PM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
There's plenty of other stuff in GAAP that means little for the future, but I never heard you complain about _that_.

e.g. impairment charges

JMHO.

Charles Tutt (SM)



To: cfimx who wrote (63202)7/28/2005 12:50:17 AM
From: Elroy  Read Replies (2) | Respond to of 64865
 
If you think getting a tax credit means something for anything other than this quarter you're sadly mistaken.

Getting a tax credit this quarter means they overestimated taxes in the first the quarters of the year. You should really average out this Q's credit with the four quarters of the entire fiscal year to see the "normalized" affect.