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To: A.L. Reagan who wrote (1514)	3/10/2000 2:28:00 AM
From: geof	Read Replies (1) \| Respond to of 3070

My INSP holding is 10 months old. I hate to sell on a close stop and incur all the tax. Any other ways to protect my cap gain for another 2 months? I do want to lighen up at these level.

To: A.L. Reagan who wrote (1514)	3/10/2000 1:39:00 PM
From: spal	Read Replies (1) \| Respond to of 3070

A.L. I really enjoy reading your posts - very well thought out, logical argumants. However, I must state that I disagree with one of your assumptions. I think in the long term, those who ultimately produce and own the content, will be the most valuable players in the space. By owning the content you can then sell/rent it to multiple end users, and with the internet mass distribution capability, truely experience the financial leverage this medium enjoys. The key however, is to have proprietary content, not some commodotized product which will eventually have to be given away for free. The slow emergence of subscription based sites on the net is evidence of this trend. Your thoughts on my points. S Pal