Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: timers who wrote (28094)	4/8/1999 2:00:00 PM
From: Joe Copia	Read Replies (1) \| Respond to of 122087

Started By: Paul Berliner Date: Apr 8 1999 12:17PM ET After the recent tumble in shares if NETA, it may be prudent to scrutinize any companies you may be holding that have taken an acquired R&D charge in the last few years in connection with pooling-of-interest acquisitions. SEC Chairman Arthur Levitt had warned for over a year that the SEC would not tolerate excessive writeoffs of 'acquired R&D that has no technological feasibility', which is an aggressive bit of accounting that many software companies such as NETA had been using in order to net a partial 'rebate' on the acquisition expenses. NETA had so many pooling-of-interest acquisitions over the last 3 years that it was only a matter of time before the SEC put their books under the microscope. The following is a self-compiled list of software companies that may have taken an excessive writeoff and thus can be subject to an SEC inquiry and a concurrent swandive in share price: Other suspect software companies (all over $10 currently): 1. CIBER - CBR 2. Keane - KEA 3. Sterling Software - SSW 4. Seibel Systems - SEBL 5. BMC Software - BMCS 6. Parametric - PMTC 7. Synapsis - SNPS 8. Veritas Software - VRTS 9. Rational Software - RATL 10. The Learning Co. - TLC 11. Legato Systems - LGTO 12. Checkpoint Software - CHKP 13. Electronic Arts - ERTS 14. Verisign - VRSN 15. Autodesk - ADSK Non-software 1. Tyco International - TYC 2. Snyder Communications - SNC 3. McKesson HBO - MCK