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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Winkman777 who wrote (80173)11/28/2000 8:01:02 AM
From: diana g  Read Replies (1) of 95453
 
FLC vs RIG Margin Rqrmnts

Good Morning, Mr Winkman,
I hate when they heighten those margin %age rqrmnts.
In this case, wouldn't it make sense to sell FLC + replace it with RIG? This would strengthen your margin situation, and if you're holding FLC at a loss currently it would also give you a tax benefit. (I assume that would still be legit, but I'm not a tax pro.) It's a different situation if your FLC basis is $8, of course.

<<<OT>>> Election
I got a grin last night out of Chris Matthews on C-band feed of PBS's 'Charlie Rose Program'
--- He says Al Gore is the ultimate populist. He is not just an advocate for poor voters (those with little $$), but also for poor voters (those with inadequate voting skills)

regards,
diana
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