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Subject: http://ericrosen.tripod.com/sitebuildercontent/sitebuilderfiles/barrymanilow_iwritethesongs[1].wav


Author:
Thanks Pete for the recovereabilty----Stevo.
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Date Posted: 05:46:23 01/03/03 Fri
In reply to: one-off non-cash 's message, "Re: Hi Pete ---Joan---one off non cash is it----Cheers." on 05:39:06 01/03/03 Fri

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ERG chief executive Peter Fogarty said the write-offs were not irreversible. If the shares in the joint ventures were sold one day, the proceeds would be booked as revenue and would flow directly through to profit.
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He said this gradual sale process could realise millions of dollars in fresh revenue streams for the company.
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"Remember, these assets (that were written down) haven't gone or been thrown in the bin, they can still come back as revenue," Mr Fogarty said.

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Replies:
Subject Author Date
Re: Hi Pete ---Joan--non cash is it? depreciation?----StevoPeter I love you---Joan---Steve05:51:40 01/03/03 Fri
    Re: Hi Your still Peter Fogarty to me Pete----StevoNo name06:08:30 01/03/03 Fri


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