RE:RE:RE:Share Price....
I disagree. Most intangible assets, like goodwill, are one time costs that are non-recurring. They do not need to be repeated to sustain or grow earnings. Amortizing them is required by GAAP but does not impact real economic earnings. Paladin Labs is a company that has large amortization of intangible assets and has always looked expensive on a P/E basis due to this misleading expense. Now PLB is being taken out at a substantial premium.