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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (24355)	2/28/2000 11:56:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 25960

Zeev, Didn't you sell at a profit? Don't the 'wash' rules in the US apply only to losses as is the case in Canada. i.e. - here if you have a capital gain you pay tax. Period. Unless it's in a taxfree account. Buying the shares back in less than 30 days doesn't change the fact that a taxable capital gain has been realized. Is this another part of capital gains where we're disadvantaged? Ian

To: Zeev Hed who wrote (24355)	2/29/2000 11:33:00 AM
From: ScotMcI	Read Replies (1) \| Respond to of 25960

Zeev - I moved all of my IRAs and my Keogh to a Roth IRA. It was a big tax hit (at least it got spread out over 4 years), but the value of the account has tripled since then, and all of that appreciation is tax-free. If your investment efforts are yielding good returns, you might want to consider moving to a Roth. Unfortunately, the "spread the tax out over 4 years" window is now closed, so you'd be faced with a big bill. Still, it might be worth it over the long haul. Just a thought.