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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?


To: Phil(bullrider) who wrote (5786)12/22/2003 3:12:53 PM
From: Labrador  Read Replies (2) | Respond to of 5853
 
>> But when subscribers are lost, each expired subscription means the income has been earned and taxes must be paid.<<

Makes no sense. Subscription revenue is earned over the life of the subscription. People don't forfeit their unused subscription fees, Gilder returns the money.