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goblue

10/26/04 8:56 AM

#82489 RE: mschere #82486


where's jimlur? i wonder if he can mention that to one of our analysts in time for the CC....
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Desert dweller

10/26/04 9:21 AM

#82498 RE: mschere #82486

mschere, I did not mean to imply that IDCC anticipates earning $79 million in taxable income next year. They anticipate being able to utilize the carryforward items sometime in the future. Some of it can be this year, next year or 5 years from now. Sorry if I wasn't clear.

The big thing to me is it signals a change in how management and its auditors are viewing its prospects as compared to the past.