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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)
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To: Richaaard who wrote (487)12/22/1999 3:12:00 PM
From: OldAIMGuy  Read Replies (2) of 1154
 
Hi R, Agreed that the taxes are an issue for me as well. '99 was a great year, but unfortunately (from a tax point of view) I had a record number of my stocks bought out for CASH. So 1999 is going to be a bonus year for Uncle Sam.

I've jumped the risk envelope that I use for GENE up to a more current outlook on the stock and will again start to trade around my core holding. I don't expect any more taxable events this year. I have expanded my usual trade range considerably since this is new territory (if we ignore everything but the most recent past). I now have some cash set aside should the price cycle back down to more familiar territory. The way things are moving on GENE, I don't have a clue if the next trade I get will be a buy or a sell! :-)

Best regards, Tom
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