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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (1371)	12/18/1997 7:13:00 PM
From: ARCHIE P.	Read Replies (1) \| Respond to of 8359

John as far as I know, and I could be wrong, if you want to receive the 20% capital gains rate on investments, they will have to have been held for a period of at least 18 months. Therefore Lucky was wrong in saying there would be many ABTX share sellers in January. Those who sell in less than 18 months will pay the full tax rate. Those in the 30+ bracket will save at least 50% on their tax bills on cap gains if they hold for the prescribed time period. Who would want to sell ABTX in January anyhow, they would have to be a little on the shallow side to do that John, but you never know, do ya.....Archie