FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Double Dipper who wrote (10620)	4/5/1998 10:00:00 AM
From: Double Dipper	Read Replies (1) of 27968

To anyone with an answer: TAX Question regarding the share conversion: If we owned FAMH for say 5 months and the ATRIX share conversion occurs at the 5 month mark and becomes ATRIX, are share purchases considered to be 5 months old? For those of us who really plan to be long, we need 18 months under the new IRS rules to be considered long for tax advantage purposes. Has anyone had a similar experience? It seems like the FAMH purchase date would be the basis for the ATRIX shares for tax purposes, but I don't know that for fact. Can anyone with a better understanding speak to this issue? Kevin

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