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Gold/Mining/Energy : SureFire Commerce Inc. (T.MTP) -- Ignore unavailable to you. Want to Upgrade?


To: Nicholas Rainford who wrote (345)8/18/1999 7:51:00 PM
From: Greg R  Read Replies (2) | Respond to of 669
 
There is a write off of unused tax credits this year as well. Nothing new about that. They don't last for ever. The thing is that this year they are cleaning the books ready for purchase. Not just normal year end book keeping.

Yes, the company is losing money and may continue to do so as a continuing operation. But, what it is, is worth far more to another company that wants to buy it, not for its "great" sales record, but for its products, clients, name and contracts which are worth far more than book value and far more than the current stock price (which is based upon operations income and book)

Greg