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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?

To: Thomas F. Knight who wrote (2513)	1/24/1998 4:57:00 PM
From: Hugh A. McWhorter	Read Replies (2) \| Respond to of 3358

After enjoying the big run in our stock (up 9% Friday)--of course, that's what 11 to 12 cents- I read your post and then read INCE's December press release about procurring the $1.5 million. Then I got to thinking. Anyone who has this kind of money to sling around is certainly not a drunken sailor when it comes to spending. I assume they did their home work and honestly believed Sigma is going to make it. I think I may be heading toward buying another 10 or 20 thousand shares of INCE within my IRA. Not being rich like the rest of you <g> I qualify for a Roth rollover this year. I have had the papers sitting on my desk for several days and deciding whether to move or not move my investment to INCE from my IRA to a Roth IRA. As you know, if you do this in 1998 you treat the distribution as taxable income over the next four years in equal amounts (1998 is the only year a roll is taxed over 4 rather than 1 year ). Leave $$$ on deposit in a Roth for 5 years and withdrawals are tax free. Assuming the $1.5 million folks know what they are doing and we have something that will survive this strategy makes sense to me. What would be the bummer would be to have INCE completely tank and still have to pay taxes on the Roth roll. Comments? Hugh