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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: LRS who wrote (5141)	12/29/1997 12:30:00 PM
From: Mama Bear	Respond to of 27307

>>>I would counter that this makes no sense because if they were smart tax wise, they would wait until January 1 and push the tax liability to April of 1999.<<< Everybody knows their supposed to pay their short term gains tax quarterly, right? For me it would only put off paying until April of '98. If you underpay your taxes throughout the year, you can get hit with penalties and interest, along with the heartache of your return being scrutinized by the man. I never let the tax tail wag the dog. Especially on a volatile stock like Yahoo!. I'd rather pay the taxes on a locked in gain than put off paying the taxes on what could end up substantially less. Don't get me wrong now, I'm against income tax, but this is dealing with the system that exists, rather than what I'd like it to be. Back to the action: Volume is dying, this move does not appear sustainable at this immediate time. The shorts don't seem inclined to panic buying today. Barb!