WCAP - Winfield Capital: Insider buying Message Board

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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: Top Jim who wrote (876)	4/19/1999 8:19:00 PM
From: Tom Hua	Read Replies (4) of 1305

As a SBIC, WCAP does not incur any long term capital gains taxes. TJ, I believe this is untrue. but I cannot get to the $1.50 loss. The company will continue to use a 30% discount for both unrealized gains and losses. Once gains/losses are realized, taxes will be paid. Please reread my post this morning to see the $1.50 loss. Regards, Tom

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