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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: Russian Bear who wrote (13094)11/26/1997 11:59:00 AM
From: Arthur Radley  Read Replies (1) | Respond to of 18263
 
Bear,
I think you are safe on this one. It is my understanding that the common and warrants are so different that the 30 day rule doesn't apply. If you go to jail, take your computer as we would miss not having you on the thread.(:>)
A few more suckers are being drawn into the ZITL web today. Take a look at the individual trades. On the buy side the volume is only a 100 or 200 shares but on the sell side you see the 1000 and more shares. People are taking advantage of the little guy again by selling into their eternal hope that Jack is King.



To: Russian Bear who wrote (13094)11/26/1997 12:39:00 PM
From: Stanley L Brown  Read Replies (1) | Respond to of 18263
 
RB,

First off let me state you really need to speak with a quailfied tax consultant, that said I looked in J.K. Lassers tax guide for professionals, if you have access to a copy you will find info on page 428 section 30.7 my reading and understanding (which may be off, cause this stuff is written like an Iranian owners manual for a computer) is that the purchase of warrants, options or anything to do with the same company will disallow the tax credit. So unless we have a good Tax man here, CALL ONE :)

Happy Trading

Stan