It has said it will take additional write-offs that have nothing to do with the accounting irregularities, possibly relating to the North American tour of "Showboat."

He said Masco did not anticipate any additional write-offs as a result of the deal, and he said no layoffs were planned.

Dresdner Bank, which acknowledged on Wednesday that it would have to take additional write-offs, dropped nearly 8 percent, to 57.20 marks - roughly $34.50.

Enron has ample access to cash, the company's chief executive said yesterday as he assured investors that there was no need for additional write-offs stemming from unusual financing activities.

In June, banks were required to declare a loss on 20 percent of their Argentine loans, and many analysts expect regulators to require additional write-offs in coming months.

For the full year, the giant computer company lost $2.8 billion, in part because of an additional big write-off to pay for retirees' health-care benefits.

Boeing expects additional big write-offs before it fully recovers.

A spokesman said G.M. probably would not have to take an additional write-off to cover the costs of closing the two plants, since an adequate reserve was established last year.

Analysts think that otherwise strong banks like Wells Fargo & Company could face additional large write-offs in the next quarter or two.

The conglomerate, which is owned by trade unions, owes about $1 billion to Israeli and foreign banks and has requested additional write-offs of $125 million from its foreign creditors.