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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: Eric K. who wrote (11280)	7/12/2002 9:18:05 PM
From: waldemar cyranski	Read Replies (2) \| Respond to of 11568

Does anyone have a suggestion on who to address regarding a change in the tax code so that I can take a capital loss deduction for my losses in my IRA (WCOM) I e-mailed the President and my U.S. Senators. The unique quirk is there are no capital losses allowed from an IRA.......normally, I can accept that, however these losses are the result of criminal activities and the culprits going to jail wont benefit me! Hell, I would even pay the income tax which initially was excluded. Any suggestions? At this point this thread is like beating a dead horse to death.........!

To: Eric K. who wrote (11280)	7/12/2002 9:24:44 PM
From: Oeconomicus	Respond to of 11568

thanks for that enlightening commentary. you obviously have extensive experience in these matters. try reading my posts on the position of the banks in all this. they have the power and an incentive to keep this out of BK. the market value of the publicly traded bonds is probably a good indication of the lack of leverage of the bond holders, but certainly has little or nothing to do with the cash generating capacity of the underlying business. and no, I am not smoking anything.