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Re: Desert dweller post# 146911

Wednesday, 03/01/2006 9:03:43 PM

Wednesday, March 01, 2006 9:03:43 PM

Post# of 435763
"doubt any comp plan and goals include any income tax impact" - the company does use FCF as a goal, it has been disclosed. My issue is that using a tax credit reserve to boost FCF should NOT be counted towards bonus purposes and it seems you agree with this view? Surely, you must also agree that the amount of taxes paid does affect FCF, right?

"don't believe for one second that the tax issue has ANY bearing on the achievement or non achievement of goals" - DD, it seems you interpret the 8K disclosure from the company differently than I do, as detailed here:

http://www.investorshub.com/boards/read_msg.asp?message_id=9484588

Anyway, we will all know shortly from the 2005 results how to interpret the 8K in question.

MO,
Corp_Buyer


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