On Apr 25, 2008, at 4:34 PM, Jim Devine wrote:

In other words, they don't care about the specific kind of
depreciation they're measuring. They simply apply an accounting
formula. They don't care about moral depreciation _per se_. Maybe they
are dolts.

What are they supposed to do? Track every piece of software? Three years isn't a bad approximation of the real world for packaged software. And as we learned during Y2K, there's a lot of custom software that's in use for decades.

Doug
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