Value Investing Message Board

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.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Clarke who wrote (7356)	5/30/1999 5:06:00 PM
From: Allen Furlan	Read Replies (1) of 78627

James could you give me your insight on this. Gibson Greetings(GIBG) shows on their 10Q that approximately 35/198 million of short term assets and 30/199 million of long term assets are "deferred income tax". They do not show significant goodwill but have 6 million quarterly "amortization of deferred cost and good will" I have been under impression that a deferred income tax was an asset because of operating loss carry overs which could be used to offset income taxes. Obviously this is not so. What is it? Doesn't 65 million seem high for a 320 million a year revenue company? I was interested on how much of their 17 dollar book value was phony. Company is near 5 year low at 7 3/8 and a recent WSJ article indicated that an investor group purchased between 6.19 and 9.25 with "a view to influencing material business decisions" My buy decisions often are influenced by events which might trigger a change in a company's direction. Have not requested an investor package as yet. Response appreciated by any thread members who are knowledgeable on the ways of financial reporting. Thanks in advance.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next