🚀 go-pugleaf

aws@iti.org (Allen W. Sherzer) writes:
>Can you name a product ever made by a successful company which DIDN'T
>keep track of product development costs (as opposed to pure research)
>and assign those costs to the product? Outside government, you won't.

Hmmm. I remember hearing that Xerox bought SDS for a billion dollars
- this would be about 1970. I heard later that Xerox had paid about
twice what it was worth. Apparently SDS had been taking R&D costs and
writing them into the books as assets, ie as if it had purchased
capital equipment with the money.
-- 
Don		D.C.Lindsay	Carnegie Mellon Computer Science