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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Cymeed who wrote (10958)	12/4/1997 9:29:00 AM
From: Edward A. Fitzpatrick III	Read Replies (2) \| Respond to of 25960

Off Topic: CYMI and Roth IRA As of January 1, anyone with a deductible IRA or a rollover from a previous employer can elect to convert the balance to a Roth IRA. If you do this election before the end of 1998 you can recognize the income for tax purposes over four years based on the account value on the date of your election. The beauty part is that you can pay the income tax with outside dollars and change a tax defferred account into a EXEMPT account. My point is that anyone with volatile depressed stocks in an IRA rollover can pay the tax based on the depressed value ( As long as it stays depressed passed Jan. 1) and never pay taxes on it again. I'm sure you've all heard this a million time, but I just thought it was interesting. My IRA rollover is now 100% CYMI shares and I hope to make out like a bandit on taxes come Jan. 1. Ed