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rancherho

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rancherho

Re: libertyhound post# 4895

Tuesday, 10/09/2007 7:17:41 PM

Tuesday, October 09, 2007 7:17:41 PM

Post# of 12660
What's with the values attached to a biotech's net loss carry-forwards? Unless they have recently changed the tax law, tax losses can only be used if the ownership of a company's stock doesn't change; an acquistion by another company generally wipes out the tax loss.
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