Flat based bullets have more mass and weight at the base, and this causes it to push the bullet deeper once it make contact. On the other hand, you could argue that, at 100 yards, a boat-tailed bullet has more velocity and energy and thus, even though it doesn't have the flat base to drive it deeper, it does have more velocity, so it's about equal.
The truth is, under 100 yards it doesn't really matter. Actually, it's almost a non-issue. The only thing that matters at that distance, at least to me, is accuracy, but you could get a flat-based bullet that is more accurate than a boat-tailed bullet. Remember, it's what your gun likes, in part, that's important. :wink:
Zachary