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Strategies & Market Trends : Tech Stock Options

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To: Billy Bob who wrote (48748)7/28/1998 6:51:00 PM
From: Soumen Barua   of 58727
 
At Republican insistence, the law shortens the length of time an investor must hold onto such assets as
stocks and bonds in order to be eligible for the lowest capital gains tax rate of 20 percent. The 18 month
period was cut to one year..


Here is the hyperlink to the actual article:
dailynews.yahoo.com

Does this (LT Cap gains) apply to money fund managers as well? I couldn't find any more info on this particular issue.
Bye,
Soumen
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