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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter
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To: txlenchs who wrote (31028)2/10/2000 8:29:00 PM
From: Roy F. Baker  Read Replies (1) of 40688
 
Chris, I vented a little last night also and still wonder why if Glenn said he would announce something he didn't at least say "We haven't heard yet!".
I own a lot of this stock, much of it for well over a year. I will NOT sell for a short term potential down movement hoping to make 20 or 30% gain. It doesn't make sense. Why would any LONG back out on a stock they held at as much as $8.00 to sell around 2 & 1/2 for a tiny gain. AND then have to pay going tax rate on their gains, when in a matter of months it could be a 20% tax gain for holding over 1 year and be selling at a much higher price.
If any one want's to sell and make that possible 20% only to give it to Uncle Sam, be my guest. I'm staying in!

Good Luck,
Roy
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