Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (1023)	6/25/1998 5:11:00 PM
From: DrMedina1	Read Replies (2) \| Respond to of 2534

Development costs were expensed. That was what Sherlock's purported "complaint" was all about -- he couldn't find the development costs as a depreciable asset on the financial statement -- of course not, since they were EXPENSED. Needless to say, Price Waterhouse did the right thing -- ALYA now has a credit against future taxable profits for the amounts expended. P.S. MSFT has a mere $240 billion in uncapitalized intangibles including development expense priced into its market valuation. This is the way it's done.