RAINFOREST CAFE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : RAINFOREST CAFE

RAIN 6.210

+5.1%

12:12 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee L. who wrote (4544)	1/7/1999 12:35:00 PM
From: Mel Boreham	Read Replies (1) of 4704

Lee L, Hi there, I too sold a portion of my RAIN holdings on the last trading day of the year and now have enough tax loss carry-overs to last me for the next 4 YEARS! But, all is not so bad as I also will need these against my Roth IRA conversions which will add about 4.5K to my income for the next 4 YEARS... So this will help to have a built-in tax loss. Luckily I have already regained the loss from my much greater holdings of IOM which is finally being resurrected from the dead. It is up to over 9 1/4 this morning on over 10 Million shares! Will finally break even on it if it goes above 10, it has been a frustrating year with both RAIN and IOM. I will continue to hold RAIN for a while longer, as I do like the restaurants and the concept. Its just that their management team leaves a lot to be desired. Best Luck to us all, NPs and non- NPs alike. BTW, I talked to Dennis by phone over the holidays and he is doing fine, but was shoveling out from under an 18 inch snow fall in the Chicago area. Hang in there... Mel

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next