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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (29705)	7/11/1998 4:28:00 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 132070

Michael, <<My guess is that they will try to take all the revenues into the current quarter and then capitalize the interest and advertising costs over a longer period of time. When these houses of cards come down it will be a scramble. It could be a long time before CPQ digs themselves out of the hole they are in now. BTW, did you catch the CEO of one of the chip companies that was being interviewed on CNBC, admitted that they hid inventory write-offs in a one time charge together with some other things. I thought that was illegal. BWDIK Joan