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bollocks187 12/5/2012 | 3:29:06 PM
re: Tellabs Sinks on $1B Loss Once a really good company.
paolo.franzoi 12/5/2012 | 3:29:05 PM
re: Tellabs Sinks on $1B Loss
It would have to be acquisitions (note the plural). They did not pay that much enterprise value for AFC, so even writing down all of AFC is not enough. Perhaps Vinci + Vivaci + AFC = enough.

seven
gbmorrison 12/5/2012 | 3:29:05 PM
re: Tellabs Sinks on $1B Loss Which acquisition did they take this big impairment on?
materialgirl 12/5/2012 | 3:29:05 PM
re: Tellabs Sinks on $1B Loss While legacy vendors of core infrastructure are left to starve, telcos bitch about the lack of 100Gbps optical infrastructure. Where do they think it comes from? There is no money for development, and the people who know how to do it are increasingly unemployed. How broken can you get?
gbmorrison 12/5/2012 | 3:29:02 PM
re: Tellabs Sinks on $1B Loss I'm not an accountant so not sure if have my facts right on this, but I believe they write down the big loss here and then get to 'carry forward' those losses for several tax years, no?
paolo.franzoi 12/5/2012 | 3:29:00 PM
re: Tellabs Sinks on $1B Loss
Not 100% sure of your question. Are you asking about the loss as it applies to the income statement or about the loss and how it applies to the tax rate?

seven
paolo.franzoi 12/5/2012 | 3:28:58 PM
re: Tellabs Sinks on $1B Loss
So, from a tax standpoint that can work. From an income statement standpoint it can not.

seven
gbmorrison 12/5/2012 | 3:28:58 PM
re: Tellabs Sinks on $1B Loss The loss can be applied going forward, they call it carrying them forward. They can take those losses against future years taxable income and thus pay less later.
cw.774 12/5/2012 | 3:28:55 PM
re: Tellabs Sinks on $1B Loss you beat me to it, materialgirl
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