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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (15385)12/30/1999 5:54:00 PM
From: Prashant Buyyala  Respond to of 28311
 
I don't know if Go2Net needs any tax writeoffs. I'm not an expert at this, but according to the latest annual report.. "As of September 30, 1999, Go2Net had federal net operating loss carry forwards of approximately $58,000,000".
biz.yahoo.com

So it looks like Go2Net is reporting losses to the government, so I don't think that they would have to worry about paying extra taxes (someone please correct me if this is off).

Prashant
long #80