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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Mammon who wrote (4607)4/26/2000 6:53:00 PM
From: Zeev Hed  Respond to of 7720
 
Section 1202 Cap gains essentially states that if you acquire equity in a company that has less than $500 MM in assets, and hold that position for 5 years or more (but not before 1993 or 1992, check the date of this reg), then your are taxed at 50% of the then prevailing long term capital gains (today it is 20% thus taxation only 10%).

Zeev

PS, I got out today at $35.5 taking a loss. I'll step aside and see if we are going to retest early April's lows.


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