Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 7.887

+0.7%

Dec 31 3:59 PM EST

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To: Ed who wrote (2470)	4/4/1997 11:53:00 PM
From: Superhawk	of 3256

Ed: Like Charles Dallas (Post # 2474), I've enjoyed the exchange of views in investment strategies between you (# 2470) and Hugh Phillips (#2472). However, you wrote: "Here's what I did in my retirement account, which I use for conservative investments". If your retirement account is a self-directed IRA or other such tax- sheltered instrument, why are your conservative plays there when taxes on any gains are deferred? I have a sheltered retirement account plus open, fully taxed ones. I try to apportion most of the potential multi-bagger stocks to the sheltered accounts. Am I missing something? My AXC holdings (sure to be a moon shot) are in my IRA. I plan on rolling over my huge, untaxed Ampex gains fully into other potential high-return equities, but your position has me wondering.

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