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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (17062)	5/29/2003 7:15:39 PM
From: Madharry	Respond to of 78666

Most of my biotech portfolio has responded very nicely in the past two weeks- the stunning exception has been baxter and I sold it today with a paltry profit. Some things about the company really annoyed me- Like the CEO making a big deal of announcing his buying shares in the company but not mentioning that the company would compensate him for a portion of his losses. or the huge compensation in the form of options that management asked for and got. Seems to me that management should not benefit when the companys stock drops by 50% and then 3 years later recovers to its previous level. OT Can someone explain why this tax bill makes sense if you are not in the top 1% wealth category?