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Technology Stocks : Brock International (NASDAQ: BROC, the forgotten stock)

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To: Russian Bear who wrote (692)10/8/1997 9:57:00 PM
From: TEDennis   of 928
 
RB: Year end tax selling is a very subjective matter. It depends on where you are income-wise for the current year. You might want to accelerate income to this year, as opposed to delaying it until next year. Every year, I spend hours playing "what if" games with my good ol' Income Tax program to see how to save a few bucks. It's probably not worth my time most years, but this year, in particular, my net worth is very sensitive to income changes (I retired at the end of last year, so my income this year has been due to sales of highly profitable ISO's from prior years).

As to the short sales being prohibited in IRA accounts ... no problem for me. I've never been able to get over my psychological mind block against shorting stocks. I guess that comes from having had parents who lived through the depression era. One of these days, though, I'm going to do it. Probably one of the Y2K's. In that case, my buy-and-hold account will be violated with a short-term short sale.

Then, I'll have to play all sorts of "what if" games.

It's never easy, is it?

Regards,

TED
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