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Re: negativegeforce post# 44088

Tuesday, 01/11/2011 11:28:59 AM

Tuesday, January 11, 2011 11:28:59 AM

Post# of 72136
If they had not renewed the licenses they would be worthless and possibly no longer deductible. With renewal they remain an asset on the books which the company will continue to depreciate for tax purposes. But as I said, no one wanted their LMDS spectrum. No bids. Isn't that plainly obvious?