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Biotech / Medical : Colorado MEDtech, CMED -- Ignore unavailable to you. Want to Upgrade?


To: K. Bloomquist who wrote (34)11/22/1997 3:39:00 PM
From: WallStBum  Respond to of 288
 
Saw your bio. Little tax question for you.

Sell a warrant at a loss because you don't have the cash to convert. Use proceeds to buy the stock you would have otherwise converted to. Do both within 30 days. Wash Sale?

Thanks for your thoughts. I'm hearing opposing views from fellow CPA's and I'm still searching for the best answer.

Long on CMED since $3. It got kinda fun about a month or two ago, I think we flirted with $7, but it's been kinda loligagging around $6 - 6 1/2. Co. needs to get their story out better, new technology press releases wouldn't hurt either. I knew Cohig picked them up a while back. I'll have to check back with them for their updates.

dax



To: K. Bloomquist who wrote (34)12/16/1997 11:14:00 AM
From: Paul K  Read Replies (1) | Respond to of 288
 
I can't find any news on CMED-- Big jump up above 7 1/4 today
Or just momentum players?
Something is brewing...