| Topic Name: |
Naive M&A/Accounting question |
| Message Name: |
Don't call him a dum |
| Date Posted: |
02/29/2000 |
| In Reply To: |
There's no tax effect of pooling. It's purely accounting, a way of making earnings look better through no asset writeup.
Learn your M&A before you repsond, dumbass. |
| Message: |
Don't call him a dumbass. He's right. From a street perspective, it's better to go with pooling. nobody wants to put goodwill on their books and fuck with their EPS. sure, it has to do with accounting but that doesn't matter. it still fucks with EPS and investors don't care what causes a shitty EPS, they just care about the result. you can spin it and say that because we went with the purchase....but in the end, investors don't care, M&A dude.
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