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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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To: Home-Run who wrote (186)11/28/2004 12:43:29 AM
From: Home-Run  Read Replies (1) of 1575
 
For the accountants out there....
by: dcsking_99 11/27/04 04:11 pm
Msg: 369127 of 369155

As of end Q304 SONS had an accumulated deficit of approx. $790 million which roughly translates into $3.17 per share - So... if SONS is acquired by another co. can THAT co. use that deficit to reduce their tax bill AND would that accumulated deficit ADD to the price that SONS can fetch? If this is true, then SONS could sell now for approx $10.05 per share

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