C-Cube Message Board - Msg: 688947

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube

CUBE 36.31

-0.9%

Dec 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rachel M. Kuecks who wrote (8831)	1/21/1997 12:58:00 AM
From: Emp Lee	of 50808

Rachel, the Divicom merger will allow CUBE to charge 6.55 mil per quarter (131 mil, over 5 years) according to my accountant buddy. Look at it this way, if we apply 44% tax rate (33% Fed, 11% CA) to 25.7 mil we get 11.3 mil in taxes CUBE would have had to pay had there been no merger. If we back out 6.55 mil from 25.7 mil we get 19 mil. 44% on 19 mil is 8.42 mil in taxes which is what CUBE reported as paid (well, close enough...). My accountant friend is a lurker on this board so I'm sure he'll correct me if I had misunderstood him. ;-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next