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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sal D who wrote (7179)	7/25/1998 11:34:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 29382

joe, this is from the annual report, this is the aforementioned note 2. this illustrates where some of their investment funds are hitting and seems to confirm my prior guess. this is the original dec figure that was mentioned, 57m Intangible Assets - Intangible assets consist of the following amounts as of December 28, 1997 and December 29, 1996: 1997 1996 ------------------------------------- Goodwill $ 56,551,253 $ 16,648,361 Non-compete agreements 2,013,187 1,393,187 Employee and customer lists 832,837 214,435 ------------------------------------- Total 59,397,277 18,255,983 Less accumulated amortization (1,940,860) (457,395) ------------------------------------- $ 57,456,417 $ 17,798,588 ===================================== Goodwill is amortized using the straight-line method over 30 years. The non-compete agreements and employee and customer lists are being amortized using the straight-line method over three to six years. hope this helps milesov