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Re: snow post# 3310

Friday, 01/26/2007 11:08:35 AM

Friday, January 26, 2007 11:08:35 AM

Post# of 30569
Snow - obviously you are an expert on corporate accounting - probably a Nobel Prize winning economist - but like I said, I am not an accountant. But I do know when someboday pays you, the cash is in your pocket - plus the interest. The government seems to think when I receive interest payments that it is taxable income. It won't be a big boost to SEIH's bottom line, but however you want to slice and dice it, a positive return on investment and cash in the bank is positive for SEIH and its shareholders.
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