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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Haugland who wrote (7930)	10/31/1997 4:43:00 PM
From: greenboy	Read Replies (1) \| Respond to of 13456

>APM now is enjoying the tax loss carry forward and pay very little tax. When APM uses up the credit, the reported earning will go down.< #&$)#^$!@$! atech, this is what i was asking last week... this is why apm has the p/e it deserves...when they get taxed at the higher rate, it doesn't matter how much cash they're raking in, it won't see the bottom line because it's getting a higher tax rate in the future, so the earnings growth is flat at best. sorry i threw my money away. low p/e is for a reason. #&$)#^$!@$! gb