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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (48072)6/18/2001 9:46:49 AM
From: robert b furman  Read Replies (1) | Respond to of 70976
 
Hi Jay,

That loss was a cashless paper loss that has tremendous tax ramifications.Not that it is a good thing,it just shouldn't be interpreted as an operating income kind of loss.

JMHO

Bob

The tax rebate on the other hand is cash that can and will be spent.