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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (2769)	6/7/1998 11:23:00 PM
From: Frank A. Coluccio	Respond to of 21876

Freeus, not an uncommon approach to covering bad timing or unrequited investments in the labor of R&D/develpoment. I'm sure that I am not alone when I say that I've seen software development firms do this "on occasion," claiming that their development work was valued at x y z, and it never turned out to anything much, due to platform changes and upgrades which their products were not up to. Yet, whether the work was actually done or not <who really knows?>, they showed these as either assets or losses, amortized over three to five years sometimes, depending on what the 'stew' called for at the time. And so it goes... Frank C.