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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (27271)12/27/2000 9:25:57 AM
From: stomper  Respond to of 65232
 
Friday...it is NOT settlement date of the trade.

-dave



To: Venkie who wrote (27271)12/27/2000 9:46:46 AM
From: Boplicity  Respond to of 65232
 
delete



To: Venkie who wrote (27271)12/27/2000 10:02:15 AM
From: gooch_the_farmer  Read Replies (2) | Respond to of 65232
 
Venkie,

Sunday @ midnight if you can find someone like Voltaire or Greg with all kinds of cash on the sidelines to pay you by cash or check and you can physically transfer the certificates.

GTF



To: Venkie who wrote (27271)12/27/2000 11:21:54 AM
From: Voltaire  Respond to of 65232
 
I think three trading days before end of year. Today I believe is the last day.

Not sure.

V



To: Venkie who wrote (27271)12/27/2000 12:20:45 PM
From: John Carragher  Respond to of 65232
 
per wsj today TRADE DATE
December 27, 2000

Tax Report

LITTLE TIME LEFT for year-end transactions.

Less than five days remain to take advantage of the annual gift-tax
exclusion that allows taxpayers to give away tax-free as much as $10,000
to as many people as they want. But it isn't enough to just hand the kids
and grandkids $10,000 checks on Dec. 31, says Laurie Hall, a tax
attorney with Palmer & Dodge, Boston. Recipients should "deposit the
checks this year" to make sure that there is proof the gift was made in the
year 2000.

Charitable-contribution checks don't have to
be deposited by year end, but they do have to
be in the mail, says Tom Ochsenschlager, a
partner with accounting firm Grant Thornton,
of Vienna, Va. If the donation is a big one, he says, taxpayers should
protect themselves by getting the proper postal receipt. When selling
stocks to lock in investment losses, "trade date dictates, not settlement
date," says Michael S. Rubin, director of client tax services at Bessemer
Trust Co.

But don't repurchase a security that is substantially the same within
30 days of the sale, he warns, or wash-sale rules will nullify any loss.