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.
Technology Stocks : VISIO Corp (VSIO): Big ISO 9000 Play
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Spillane who wrote (238)11/1/1998 9:27:00 AM
From: Grommit  Read Replies (1) of 522
 
My last message for you.

1. The tax rate is not staying at 25% forever. When it changes to 40% everyone will say, "well the reason for EPS to be flat next year is because there are no more tax credits, jeez, didn't you know that was coming? If we restate this year's EPS for a normalized tax rate, the earnings growth rate is still wonderfully high. See?" At this point you will say the the method is sound.

2. The methods to analyze the value of a company with NOLs (or any other type of tax credits) are accepted. See my comments on Deutsche Morgan Grenfell (among others) using it. Not jerky, quirky or irrational. Solidly based.

3. I never said VSIO is a bad investment. It looks like a fine investment. My only point was that it was not as fine as it might look with a quick glance.

4. You say the tax rate is the same low rate for next year as a defense of the company. On the contrary, if they could hit that target with a normal tax rate it would be quite a feat and would diffuse my comments completely. The valuation of the company would be more stratghtforward.

5. Seems like pointing out anything remotely negative is grounds to be considered an enemy. If this company was not as solid as it is, your obdurate comments would be a case of over hyping a stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News