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Technology Stocks : Loral Space & Communications

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To: ebg51 who wrote (10414)4/17/2003 3:54:50 PM
From: hiker90   of 10852
 
This stock has taught me a lot of lessons about what not to do. I sold last week after reading a local newspaper article regarding the complications involved in proving to the IRS that your worthless stock is truly worthless. Establishing valuations of companies (and therefore your stock) in bankruptcy were very difficult according to this article. Being a simpleton, I sold and positively locked in my loss for easy tax purposes. just maybe....i'm learning. now if I could only learn to pull the trigger on a loss sooner.

best to all,
hiker
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