Banyan (BNYN $8.75) as an internet play Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Banyan (BNYN $8.75) as an internet play

BNYN 0.000001000

0.0%

May 1 11:25 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Muskett who wrote (1002)	3/11/2000 10:31:00 PM
From: Ashley800	of 1006

Jim, Bullish articles. I'm not sure what BNYN is worth, but I wish the article writers would take "tax issues" into consideration when the talk about BNYN's stake in Switchboard.com What ever the "stake" is worth, subtract 40%. The only way they can turn their stock in swbd into cash is to sell it and realize a gain which tax must be paid on. Just as if you or I have a 100,000 gain on a stock, if we sold it we would only walk away with AFTER tax cash. The minimum would be a tax of 20%. But with companies, they get tax at the corporate rate (plus state taxes I would assume). I'm out of BNYN completely now, but if these articles help to push it near 30 again, I'll be shorting it. Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next