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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Anne Stehley who wrote (536)1/1/1998 11:46:00 AM
From: Doug Bean  Read Replies (1) of 1837
 
Anne:
I think you made a good move. I just couldn't do it because I did not want anymore profit in 1997. I sold everything I was carrying as losses (except DRMD) Last Friday to ofset as much gain as i could but I still have a very large tax bill coming. Two of the companies that I held stock in got bought out in 1997 and they were cash tenders so i had to sell. Yeah, i know, i made the money so i shouldn't complain.
My problem is i always leave the whole gain right backin the market to try to make more . Then at tax time i moan and groan a lot.
It will be interesting Friday.
CRDoug
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