I am of the it could have been worse camp on this one I will reread the Financials again, but a lot of this write down is the Goodwill always felt Goodwill in Companies is a furphy but for Services Companies we have not got a better model, I note they have started their TV advertising again so they indicate they are going to go down fighting if the banks do want to foreclose that I do not see happening but the upside I was hoping for may not come for some time.
SGH Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held