RE: RE: 17.3 Million D & AWhen you take assets and depreciate them to the max for tax purposes you still have to view the underlying value. I just sold a commercial property at the peak in 07 and had to pay plenty of recapture on the depreciation so don't compare apples to oranges as with your Nortel Example.
I know that bankers and savvy investors look at the amount of depreciation on assets and look to appraisals to get a true picture of the value.