Mr Cooper Group Inc fka COOP

[radiumsoup]

right. that's a lot closer to the idea I was trying to get across than what I actually ended up saying, I suppose :)

my assertion that they're worth zero today is based on the fact that there is no profit today to offset with the NOLs.

And, at least for the next 2 years, we can't try to sell the company to someone who could use them. And we don't have a lot of cash to buy another company with profits so we can use them, and there have been no press releases to indicate a suitable buyout target has been identified.

There's potential value there, but today, the practical value is zero. Tomorrow there may be facts that come out that would give them value.

I just realized I'm using two different definitions for "value" interchangeably... I don't know how I can reconcile that without getting even MORE wordy :\