In a message dated 3/15/02 4:18:04 AM Pacific Standard Time,
[log in to unmask] writes:


> Well, I'm no CPA, but I think that the expenses associated with the merger
> deal can be capitalized, while keeping the HP3000 alive would be a regular
> expense item.  The point is that the funds come from two separate pockets,
> with different accounting requirements.
>
>
Well I'm no CPA either but I almost became one before I discovered how much
more enjoyable computers are as a career!  I would suspect that a major
upgrade/conversion of MPE/iX to run on IA-64 would be required to be
capitalized.  If I undersntad things correctly, the IRS depreciation rules
for software are such that you can depreciate the capital expenditure over a
short number of years anyway.

Wayne Boyer

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