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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (691)	1/20/1998 7:21:00 PM
From: TokyoMex	Read Replies (1) \| Respond to of 2897

Malcolm, Very good work .. I like trading momentum, however, I will do a damm DD before I buy anything,, there are many times where you trade sheer momentum and you get stuck in a stock, that is a scam. Also, Farris is right,, people placing a market order before open is not a wise idea... for it alerts MMs.. nor sending out too many alert EMs before the market opens... Regardless, my PE and EPS projections on FNTN stands and was actually enforced today ,,, with a talk with Barry Stein,, I am glad people who knows the subject are posting here. Joe

To: BlueCheap who wrote (691)	1/20/1998 9:33:00 PM
From: rickd1	Read Replies (1) \| Respond to of 2897

malcolm, I agree with your post 100% but I haven't been able to add the tax issue into the formula. I have formulated my own strategy similar to the one you propose but i am not sure if you would be ahead if you are paying taxes along the way (unless you do it enough times a year & are very successfull). What is your philosophy/how do you address the tax issue. i.e. do you put the estimated taxes aside in a different account or let them ride & worry about the taxes when they are due. If you let them ride, what if the stock goes down & you are forced to sell at an inopportune time to cover the tax bill? Thanks