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With respect to net income projections, although the company is posting a devaluation loss on plant and equipment assets in its optical transmission business, it is posting a gain on the sale executed on March 20, 2007 of a portion of the company's shareholdings in Fanuc Ltd. 23, Eliminating the Category National Defense Property, Plant and Equipment. nbsp;would provide guidance on accounting for certain costs and activities related to property, plant and equipment (PP&E) in financial statements prepared in conformity with generally accepted accounting principles. |
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