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Technology Stocks : Hyperion Solutions (HYSL) - An Analytical Gorilla? -- Ignore unavailable to you. Want to Upgrade?


To: Reginald Middleton who wrote (100)8/25/1998 8:28:00 PM
From: Turs  Respond to of 471
 
Reg-more academic b.s. from the Prof. Muddleton

You totally ignored the point I was making about essentially substituting this year's expensed R&D for the sum of the capitalized pieces of prior years' of R&D. That effectively creates the same cash flow effect as capitalizing every year. Of course, it assumes we're talking about a REAL company, LIKE Hyperion, that has a growing R&D budget driven by growing sales. Name a REAL company that spends $10m in R&D one year and scales back to $1m thereafter???? Maybe they have them in Reggieville, but not on the NYSE.

But I won't argue that you did put that argument (and the rest of us) to bed.

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz



To: Reginald Middleton who wrote (100)8/25/1998 9:18:00 PM
From: Early Out  Read Replies (1) | Respond to of 471
 
Hopefully I have shown you in this post that my interpretations are much less generic and academic than yours.

The point is that the accounting that HYSL is using is not unique to the company, the industry, or the market. Your grievance with GAAP may have merit, and it may have a place on SI, but not on any one stock thread.

If you haven't already, I think you should start your own thread to discuss your beliefs.

-jsc