This message was posted by Phil M. on January 24, 2001 :
Can someone please explain SAS's announcement about
writing off 190 million dollars out of goodwill.
What doe's this mean......is the company now valued at 190 m dollars less?
Why did the share price went up in value as a result?
Warning: at times comments aimed at manipulating other investors may appear on these
message boards. Posters may post overly optimistic or pessimistic comments on particular
stocks, in an attempt to influence other investors. While every effort is made by the moderators
to remove these, some may still appear on these boards. Unless specifically stated persons posting
on this site are NOT investment advisors and do NOT hold the necessary licence, or have any
formal training, to give investment advice.
Before acting on any of the information you read and making any financial or investment
decisions, you should always consult your advisor(s) or other relevant professional