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To: A.L. Reagan who wrote (613)7/20/2001 9:08:58 AM
From: Dave  Read Replies (1) | Respond to of 770
 
Regan,

I understand what you have eloquently posted. Thanks.

However, on the "tax books", if a company posts a loss tax wise, wouldn't that be considered a "deferred tax asset" if they are posting a profit on their financial statements?

dave