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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: V$gas.Com who wrote (22862)	4/1/1999 9:04:00 AM
From: tonto	Respond to of 44908

As I recall, the tax code was changed some years ago taking away the advantage of acquiring tax loss carry forwards, as they once were. Previously one could acquire a company for a nominal amount and utilize the carry forwards. Now I believe that it is limited to the investment price. Example, purchase company for $100,000, all but $100,000 of tax loss carry forwards would be lost for utilization by the acquirer. but doesn't this also give TSIG some kind of a basic value, if they decided to just sell the company to say.....IBM? I don't know how that works, and I am not sure if I am correct, but wouldn't that give TSIG kind of a "floor" as far as worth? TIA.