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To: W. Luther who wrote (12901)7/18/1998 11:35:00 AM
From: Rajiv  Respond to of 27307
 
seems like a nice trick in that you buy something that will presumably generate future revenue and profits, but you write off the cost as a one-time non-recurring charge that doesn't offset income


There is a difference between acquisition cost and the operating
costs/expenses. They did not write off the operating costs.

Regards.
Rajiv