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jdaasoc

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jdaasoc

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Re: Zeev Hed post# 308758

Wednesday, 10/13/2004 8:43:49 AM

Wednesday, October 13, 2004 8:43:49 AM

Post# of 704044
RE NCR

They announced better then expected results yesterday. I think it is due in part to those "bonus" depreciation allowances from IRS causing everyone to spend money on IT before year end that I posted about last night.
The level of spending is a little more then what economists predicted because of those procrastinators who are waiting to very last last minute, relative to the 9/11/01 start date for those 30-50% bonus depreciation allowances.
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