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To: bootyist-monk
From CNN:

Through June 30, the company (Salon) had accumulated losses of $68 million since its inception in 1995. Salon has told investors it hopes to break even within the next two quarters

Let's see, they've been in business for six years and have lost $68 million dollars. And they plan on "breaking even in two quarters? BWHAH-HAH-HAH-HAH!!!!

19 posted on 10/03/2001 11:28:51 AM PDT by RooRoobird14
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To: RooRoobird14
Actually, the real value of the company may well be the "shell" for the tax-loss carry forward.....
25 posted on 10/03/2001 11:32:33 AM PDT by ken5050
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To: RooRoobird14
Let's see, they've been in business for six years and have lost $68 million dollars. And they plan on "breaking even in two quarters?

Looks like someone on the board of directors is heavily invested in Powerball tickets.

30 posted on 10/03/2001 11:35:09 AM PDT by CubicleGuy
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