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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 (2478)4/5/1997 12:53:00 PM
From: Bagladdy   of 3256
 
Ed,

Thanks, I didn't think that you could do that in a IRA account. I never have asked because I keep that account pretty conservative. My justification for the conservatism is that if I kept the potential 10-baggers is my IRA and they lose money or I believe they will never (in investment time) pan out; and I have hit the IRA cap, then I can't put any more money in that given year tax deferred.

If; however I use that type of investment in my regular trading account, then I am free to do I as choose. Just my thoughts.

Charles
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