Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (1574)	9/17/2000 12:27:42 AM
From: David W. Taylor	Read Replies (1) \| Respond to of 2013

Christ, Hank, do you ever read anything that I write? I stated VERY clearly that you have made a paper profit if you are holding stock with a basis $20 lower than today's price. I also stated that your net worth is increased by the fact that you can sell your asset for around that $20 increase in price. What I have said repeatedly, and you have ignored repeatedly, is that you don't actually MAKE a profit until you sell. The IRS does not care about your paper gain. You can margin most of that gain, since CNXT is a relatively solid company and not on the "no margin" lists. The fact remains though, you have not made a profit. If an event as exciting in the other direction happens on Monday morning and CNXT drops to a bid of $20, you can whistle to the wind for your $50, unless you sell in time.