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Alias Born 05/05/2006

Re: igster post# 99393

Thursday, 10/25/2007 8:01:59 PM

Thursday, October 25, 2007 8:01:59 PM

Post# of 162848
Igster, I don't own FCCN currently, but follow the board and will offer you this explanation.. The Goodwill clause will help you as an investor by providing more relevant financial information, but it also gives FCCN a way to manipulate reality.

Balance sheets are bloated with goodwill that result from acquisitions i.e., Aero.. You find this with companies that overpaid for assets. Bottom line it distorts not only the finacial analysis of FCCN, but also what investors should pay for the stock.

Got give the CEO points for creativity... lfg



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