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Cassandra

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Cassandra

Re: Dman1983 post# 3914

Wednesday, 06/01/2011 7:07:49 PM

Wednesday, June 01, 2011 7:07:49 PM

Post# of 95988
I am aware of that, but I still wouldn't call an app store an intangible asset. Do you consider a bank account balance and investment loans to be tangible or intangible?

According to your narrow definition, these would be intangible and the company would have no tangible assets to contribute to book value.

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