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Meaningless drivel.The point is, they are writing off crap, this year to boost EPS in the following years.It's called KITCHEN SINK ACCOUNTING.The important this is FREE CASH FLOW, GOOF.As for the property!GAAP, states reporting ASSETS at the lower of COST OR MARKET!I.E. if the land is worth less they they paid, they WR4ITE IT DOWN! JAGOFF.Fricking plain ignroant.You goofs, are just plain dumb.Keep shorting MORON!Good Luck ........ Putz
nick.knock - I'm glad I taught you a new word. "Meaningless". You should use it as your name. You even spelled it right.