Ambase Corp. (abcp) Message Board

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Microcap & Penny Stocks : Ambase Corp. (abcp)

ABCP 0.204

+2.0%

Dec 29 3:49 PM EST

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To: Amy Feller who wrote (27)	6/20/1998 10:18:00 AM
From: Mark C. Livermore	Read Replies (2) of 43

A NOL or net operating loss is the same as a tax loss carryforward. Essentially it is a credit versus future taxes that may be due on profits earned in the future because of losses in the past. See AmBase's 10-K for a discussion on their particular situation.

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