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Re: Desert dweller post# 82455

Tuesday, 10/26/2004 9:25:25 AM

Tuesday, October 26, 2004 9:25:25 AM

Post# of 432765

DD, you said:

What could make IDCC change its position on this reserve? IDCC now feels that EXCLUDING INCOME FROM ARBITRATIONS AND LAWSUITS, that it anticipates generating taxable income to use up $27 million of this reserve. In order to use up $27 million of the reserve, at an effective tax rate of 34% as stated in today's release, IDCC expects on a conservative basis to generate $79 million (27 million/34%) taxable income in the future.

is there a timeframe for the "future?" does this 27 million reserve expire after a certain amount of time? if not, then what would be your guess as to the timeframe? tia.
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