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To: SilverAG who wrote (23308)10/27/1998 11:05:00 PM
From: IceShark  Respond to of 164684
 
Yeah, Its all a game, and the anals are leading the charge for the greater good for their houses. It really doesn't matter if it is written off in one shot or over 40 years. But it is much cleaner to write it off as worthless in process R&D and have it forgotten after one quarter. Then apply your forward 200x P/E or P/S, when you have no prayer for earnings. As I said, its all really a shell game.

BTW 3 years isn't some hard and fast rule. If you really had brass balls you could try and shove it down a bit. But you do run into an intellectual conflict as to why you paid so much for a worthless POS. -g-

Regards, Ice