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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (37519)	9/27/2000 1:18:03 PM
From: Pink Minion	Respond to of 70976

Your understanding of the tax code is shaky, also. I'll agree I'm no accountant. fedworld.gov 20% for net gain from sales, exchanges, etc., (a) after May 6, 1997, and before July 29, 1997, for assets held more than 1 year and (b) after July 28, 1997, for assets held more than 18 months.

To: Jacob Snyder who wrote (37519)	9/27/2000 1:18:47 PM
From: Sun Tzu	Respond to of 70976

Great info! What I've also done in the past is to calculate the historical Price-to-next-year's-sales (yes using 20/20 hind sight). That tends to tell you what next year's sales should be to justify today's price. If that sales growth seems way out of line, then chances are that the price will come down. ST

To: Jacob Snyder who wrote (37519)	9/27/2000 1:23:21 PM
From: rsie	Respond to of 70976

jacob, great post....thanks for the info...Rich