SI
SI
discoversearch

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.
Gold/Mining/Energy : Cangene . TSE.. CNJ

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DaveAu who wrote (185)7/24/1999 9:38:00 AM
From: make.it.co  Read Replies (1) of 227
 
the tax losses are only of value to cnj if they have profits. i believe that hyal has lost $.39 per share over the last 4 quarters, so if cnj acquired hyal and maintained hyal's operations they would have little need for the tax losses! hyal's losses would eat up cnj's profits.

while the market does continue to value hyal much more than cnj's offer, it is interesting to note that the short position on hyal has increased by almost 1 million shares recently!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext