-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FAuwTo5uc040jOu9//srP7io3eGN6wZWSZZpqIz0eORca65BZtlHLKVfDJOzEV7G D30E/suGianQ/6RoJNX60Q== 0000950128-05-000200.txt : 20061016 0000950128-05-000200.hdr.sgml : 20061016 20051207162116 ACCESSION NUMBER: 0000950128-05-000200 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOLLGRADE COMMUNICATIONS INC \PA\ CENTRAL INDEX KEY: 0001002531 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 251537134 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 493 NIXON RD CITY: CHESWICK STATE: PA ZIP: 15024 BUSINESS PHONE: 4122742156 CORRESP 1 filename1.htm corresp
 

December 7, 2005
Larry Spirgel
Assistant Director
Securities and Exchange Commission
Washington D.C. 20549
Re:    Tollgrade Communications, Inc.
Form 10-K for Fiscal Year Ended December 31, 2004
Filed on March 3, 2005
Form 10-Q for Fiscal Quarter Ended March 26, 2005
File No. 0-27312
Dear Mr. Spirgel,
     This letter sets forth the responses of Tollgrade Communications, Inc. (the “Company”) to additional questions that were raised during our teleconference call on November 23, 2005.
     I had indicated on our call that at each of our annual goodwill impairments test dates at December 31, 2002, 2003 and 2004 our quoted share price exceeded the calculated net book value. The staff had requested that I confirm this in writing. That detailed information is set forth below:
                 
    December 31,  
    Net Book Value     Quoted Share Price  
2002
   $10.87     $11.73  
2003
   $11.11     $17.53  
2004
   $11.20     $12.24  
     In addition, the Staff requested that I confirm in writing that to date there have been no events that would more likely than not have reduced the fair value of the business below its carrying amount as discussed in paragraph 28 of SFAS No. 142.
     The Company believes that the above explanations have been responsive to your requests. Should you need further information, please contact Sam Knoch at 412-820-1406.
Sincerely,
/s/Samuel C. Knoch

Samuel C. Knoch
Chief Financial Officer

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