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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (25135)	11/7/2002 5:28:03 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 74559

marcos, RE: Bombardier Send me your e-mail address in a PM, and I'll e-mail you some independent reports on Bombardier that you can share with your friend. The 87% figure that I quoted comes from Value Line (among others)... Re: tax reciprocity between Canada and the USA I've never heard that such an agreement exists, but you can be sure that I'll look into it. One of my brokerages is TD Waterhouse, and since they're based in Canada, I'm sure I'd have no problems whatsoever buying any stock on a Canadian exchange. When researching foreign tax liabilities here in the US, the "penalty" is as high as 50% (a few countries in Asia, Europe and/or South America go as high as 50%; most countries are considerably less) of the capital gains (and a lesser percentage for any dividends) over and above any capital gains taxes or ordinary income taxes owed at the federal or state level. We're allowed to reduce our US taxable gains by whatever amount was paid in foreign taxes. But, in those 50% tax countries, the bite out of profits is considerable, enough so as to strongly encourage me to avoid foreign investments for the most part. (I do still own a small amount of a mutual fund whose assets are invested in Japanese holdings, but that's in a tax-deferred account.) Re: gold I'm not prone to conspiracy theories, but even a lug like me can read a tape and understand if the game is being played strictly within the guidelines. This past summer, there were simply too many days where the price of gold inexplicably decreased; simply no reason at all for what happened. So, yes, I have become a believer that something or someone greater than me has a vested interest in keeping the lid on the price of gold. KJC