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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (8203)	12/10/1997 5:22:00 PM
From: bill c.	Read Replies (1) \| Respond to of 21342

SteveG: >> The purchase is expected to result in a one-time, non-cash charge against earnings. The charge involves an accounting writeoff assigned to in-process research and development and will be taken in the second fiscal quarter of 1998 assuming the transaction is closed by March. 31, 1998. << If they close it 4 days later, after April 4, 1998 they can use pooling-of-interests. What is the difference between pooling-of-interests and taking a one-time non-cash charge against earnings? Either way it sounds like a Tax break... until later. April 3, 1996 Lucent Technologies' initial public offering (IPO) of stock is priced at $27 per share April 4, 1996 Lucent Technologies' stock begins trading on the New York Stock Exchange lucent.com