SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (6688)3/16/1998 7:09:00 PM
From: Pointy Haired Boss  Read Replies (1) | Respond to of 27968
 
They seem to want to close the Myriad deal within 14 days, i.e. this quarter. Under the specified terms with the IRS, won't this cause a $1 million charge this quarter with no offset from Myriad profits? Wouldn't it be better to wait until April 1 so that the charge will be in the second quarter and will be significantly offset by Myriad profits (about 1/2 mil?) in the second quarter numbers?