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To: Thomas M. who wrote (50350)3/10/1998 12:17:00 AM
From: Fred Fahmy  Read Replies (1) | Respond to of 186894
 
<You mean a company would take writeoffs just to clear the balance sheet? Shhh . . . Fred is listening.>

Do you even know the difference between a balance sheet and an income statement?? Doesn't seem so. You still haven't explained how taking charges (whatever the reason) in one quarter leads to record revenues in the next.

BTW, do you consider it unusual to have a large write-off when acquiring another company?? I assure you that if you can find a way for companies to acquire other companies without suffering one time charges you can be a millionaire over night.

FF