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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?

To: lakers17 who wrote (9179)	12/17/1999 8:25:00 PM
From: E. Davies	Read Replies (1) \| Respond to of 9391

Tax selling is not as wise as it first may seem. Say for example BNEZ gave you a $10,000 paper loss (about where I am given that the spinoffs are still worthless). Take ~40% (max) to reduce your taxes. Thats $4000. By taking it now vs. for 2000 you are saving the interest on $4000 for a year. Thats about $250. I've got 75,000 shares. For every penny that BNEZ can move up my value changes by $750. You see why selling this year is just not that important? I've promised myself I'll just let this thing run its whole course. Maybe next year a miracle will occur and we'll get 5 cents a share in a buyout! Eric