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

To: Challo Jeregy who wrote (20805)3/8/1998 9:18:00 PM
From: Mike Gordon  Read Replies (2) | Respond to of 97611
 
Nice to receive an accountants point of view. Anyone who has watched AT&T throughout the years saw the yearly 'one time write-off'. Write offs since 1985 until Armstrong came in consumed all yearly earnings. Regardless of classification, it becomes a debit and must be calculated into EPS. The only advantage to a one time write off here is it tends to minimize management's stupidity.

Thanks for the quick response,

Mike Gordon


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