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To: Steve Lamont who wrote (49907)	11/14/1999 7:53:00 PM
From: Boplicity	Respond to of 152472

China, U.S. to Meet Again on WTO Issue Reuters WASHINGTON (Nov. 14) - U.S. and Chinese negotiators were due to meet early on Monday in Beijing for a sixth consecutive day of talks, raising hopes that they could reach an agreement on China joining the World Trade Organization. ''This meeting will be instructive,'' said a spokeswoman for U.S. Trade Representative Charlene Barshefsky, who has been in Beijing negotiating with Chinese official since last Wednesday. Barshefsky and senior White House economic aide Gene Sperling had been due to leave Beijing on Friday, but have repeatedly postponed their departure to continue the negotiations. Earlier on Sunday, President Clinton said the talks were continuing. ''The truth is the negotiations are continuing and it is impossible to predict the outcome,'' Clinton told reporters aboard Air Force One on his way to Turkey. ''They're still there and they're still talking.'' Barshefsky's spokeswoman, speaking to Reuters in Washington, declined to predict the outcome of Monday's meeting. The two sides had met for discussions deep into Saturday night and several times on Sunday to try to hammer out a deal to help Beijing join the WTO before ministers of the organization's 134 member nations meet in Seattle at the end of this month to launch a new global trade round.

To: Steve Lamont who wrote (49907)	11/14/1999 9:46:00 PM
From: Brian K Crawford	Read Replies (1) \| Respond to of 152472

i was under the impression that margin interest was only deductable as an offset to interest earned.. Steve, Margin interest is deductible to the extent of investment income. Investment income includes portfolio interest, dividends, and taxable capital gains. Brian

To: Steve Lamont who wrote (49907)	11/14/1999 10:00:00 PM
From: r.edwards	Respond to of 152472

Steve, you can have your margin Loan designated a "non-purpose" margin loan. This is margin debt granted on a stock as collateral in which the purpose of the loan is "not" to buy other stock. i.e. you could borrow the money and go do a real estate deal or oil deal and you are not using the margin debt to buy stock. You can write this non purpose margin interest off as expense on that project, as long as you can show the proceeds were used that way. The brokerage firms will loan more than 50 % on these none purpose loans. I know from experience. r. GoQ