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MrPastorious

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MrPastorious

Re: Russian-Trader post# 28824

Tuesday, 11/14/2006 12:50:54 PM

Tuesday, November 14, 2006 12:50:54 PM

Post# of 79921
The only thing they mark to market is their cash equivalents, which are financial assets, ie. stocks and bonds. That is not what we are talking about with PBLS. They Record all other assets at acquisition cost less accumulated depreciation. Nice try though.
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