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To: Roger A. Babb who wrote (5515)4/20/1998 9:10:00 PM
From: David Lawrence  Read Replies (2) | Respond to of 9068
 
Roger, I'm afraid I have to agree with Doug on that one. We're talking about written off acquired R&D, not sweeping dirty laundry under the rug to hide restructuring, poor management, or inventory write-downs.

I agree with you that the bull market has been (blindly) ignoring those types if charges for years, but that is not what these charges are about.