kartiksh - 5:52 am on Jul 26, 2012 (gmt 0)

They did at right time businesswise IMO. They have set the expectation of the shareholders in case new strategies fail which is not going to happen in my opinion (with plan a, plan b, plan c to play with them in huge portfolio of new offerings) but keeping expectation low by registering first loss in Q with write-down makes sense to me.