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.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Reginald Middleton who wrote (8676)	6/25/1998 7:06:00 PM
From: X-Ray Man	Read Replies (1) \| Respond to of 74651

R&D is not an investment. Investments are listed as assets after they are expensed. R&D is an expense. Same with marketing. All "expenses" of a business are "investments" in its future, but that doesn't mean they don't "cost". The difference is that the forwarded earnings after expensed are really now "assets" on the books to be drawn on later when expenses associated with maintenance of those assets must be paid, like support costs. Long term, the current accounting system is giving you the right numbers, at worst just shifted a year. Don't substitute one illusion with another delusion.