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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (18750)2/3/2003 10:06:04 AM
From: jim_p  Read Replies (1) | Respond to of 23153
 
I still feel EP could have the worst earnings of the IPP's if they come clean this Q?

Interesting that they have not even announced a date for earnings??? Not a good sign for a fortune 500 company.

Now that Ralph Eads has been fired as CEO of El Paso Merchant Energy, it's the best time for EP to come clean with all the merchant energy bad news.

A close below 8.25 today would be bad news for the EP longs:

stockcharts.com[h,a]daclyiay[pb200!b10!b50!d20,2!f][vc60][iut!Ub4!Ua12,26,9!Lh14,3!Lc5!Ld20!Lj[$spx]!Lf]&pref=G

Who let RRI out of her cage???

Jim



To: CommanderCricket who wrote (18750)2/3/2003 12:11:00 PM
From: Warpfactor  Read Replies (2) | Respond to of 23153
 
A tax related question re: ownership of gold bullion.

Let's say one bought $10,000 of gold coins at $300 per oz.

Now that gold is at $370, you want to sell. So you go down to the nearest dealer and exchange your coins for cash, probably getting $360 or so from the dealer who wants a cut.

If you wanted to be Johnny good tax-paying citizen, you would report this gain on next years 1040. But as near as I can tell, there is no paper trail following your purchase and sale of gold, so you could easily unload your physical investment with no tax consequences.