Replies to post #475 on GSI Securitization, Inc. (fka GSII)

[snow]

investwise

Thanks for your clarification. The way I understand it the meaning is that additional is positive rather than negative because it may have been exaggerated. But is there not always some risk involved in this type of business so that there is also some potential for losses that have noe been expected?

One more question: When there is a reference to profits of revenues of 30 million dollars and profits of 3-4 million I assume that the reference is to taxed net profits. One reason I ask this question is that in reading about this company I saw a reference to profits of 3 million dollars which seems to have been a reference to gross profits, which are of limited interest.