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To: Larry Panik who wrote (7862)	3/21/1998 12:19:00 PM
From: taxgun	Read Replies (1) \| Respond to of 19109

let me inject a little fact here, for the record jajajajajajaja no disrepect to you, arnie...i am sure you are telling it how it happened...BUT heh heh heh a corporation with losses is a sought after entity...in fact, i know a couple people that deal in just that commodity...they get paid big bucks when they bring 2 companies together, too ! now, the tax rules are not as liberal as they once were, but a profit company that wants to buy a loss company does so for clearly obvious tax reasons, and maybe some business plan, to boot! to clean up the math from YOUR post---a loss carryforward can save as much as 50% to the acquiring company...therefore, the vaule of that company in REAL CASH (tax savings), approaches 50% !! NO ONE is spending a buck to save 50cents here, as in tax shelters you suggest...they were the rage of the 80's, but this is something completely different...of course, we want OUR company to succeed on their merits, not a tax write-off for some other company jp