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To: Bald Eagle who wrote (32950)7/25/1999 11:00:00 AM
From: JOHN WHITE  Read Replies (2) | Respond to of 44908
 
Hello Bald Eagle, Suzanne has shown everyone how she has her TSIG profits calculated. (Very kind of her to stick her neck out that far in public).
Could you give us a run-down how you've done your estimate ?

Thanks,
John



To: Bald Eagle who wrote (32950)7/25/1999 12:17:00 PM
From: Jazzbo  Read Replies (1) | Respond to of 44908
 
Didn't Suzanne remove taxes from her equation as a result of "net loss carryforwards"?



To: Bald Eagle who wrote (32950)7/25/1999 2:35:00 PM
From: Suzanne Newsome  Read Replies (1) | Respond to of 44908
 
If you will look at a Profit and Loss Statement, you will see a figure that represents net income before taxes are subtracted, hence the phrase "Net Income Before Taxes." And though you are not a CPA, I am certain that you are aware that "pure accounting" is different from "accounting for tax purposes."