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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Luce Wildebeest who wrote (7431)5/5/2000 5:30:00 PM
From: Alski  Read Replies (3) of 9582
 
Calvin,
Whilst you're studying ALSC don't forget the tax liability for all those "off balance sheet" assets. Since they've been written off, the taxable gain will be 100% of any sales price; their basis is now $0. Tax might be, I dunno, 41%? I tend to just discount 'em by 1/2, 'cause it's easier.
FWIW...Alski
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