Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Don Lloyd who wrote (94298)	4/15/2001 12:29:14 PM
From: leum	Read Replies (2) of 436258

Oh I see, 8 years prior to March 2000 didn't happen because it was all on paper. Fictitious gains. Is this an old rerun of "Who shot J.R." and we will all wake up in a shower some place. Get friggin real!! That is not how things work. Tell all the shareholder Plaintiffs out there that their gains and subsequent losses are just paper. I am sure a judge would sanction that as a ligitimate defense. "I'm sorry your honor, but since it was just a paper gain and then loss it doesn't count." I guess by your reasoning it would have been different if each time they had a gain they cashed in and then re-invested instead of letting it ride. Only then would they have tax implications? I like your world ... no responsibility for conduct. If someone is greedy enough to be inticed by stock options and hold, then what is the difference between them and any other speculator (more acurately according to Jesse Livermore a sucker or gambler)? Just because they received it due to their job it should be different? Sorry don't buy it in the world of hard knocks ... let's have some personal responsibility ... I bet your a liberal democrat and believe shorting is unAmerican too. Dave Leum, Esq.

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