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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (900)4/7/1999 2:21:00 PM
From: Henry Volquardsen  Respond to of 2794
 
tax and accounting status can be different. The impact will vary. It is a pretty complex topic and I generally fall asleep about two minutes into the discussion. The long and short of is it is that hedge accounting gives the company the ability to manage their reported earnings better. There can also be benefits for tax planning.