Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CNSI Cambridge Neuroscience -- Ignore unavailable to you. Want to Upgrade?

To: swoboda4 who wrote (358)	3/19/1998 8:01:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 675

Are there any tax implications which could work to a person's advantage. For instance, if I load up on cnsi in my IRA, wait for it to go x-d, then transfer to a roth ira, will the apparant capital loss help me out? Maybe not--cap gains and distributions are the same in tax sheltered accounts just as non tax-sheltered account (that is my guess). I haven't yet seen a tax advisor, but I think I am going to get the shaft--all my cap gains in my ira have occurred in the last couple months, after years of pathetic returns. Wish I had transferred to roth on Jan 1st. Anyway, if anybody has some ideas about all this I would very much appreciate it, I already asked on the tax thread, but it does indeed look like you have to pay tax on your gains in order to transfer to roth ira.

To: swoboda4 who wrote (358)	3/20/1998 9:11:00 PM
From: Craig S. Owens	Read Replies (1) \| Respond to of 675

I saw the same statement regarding a $1 dividend. My only concern is that when I keyed in CNSI, E-trade came back with a .25 dividend. I am just asking anyone who has verification sources other than E-trade to check and make sure the dividend is indeed $1.00. I am not an expert investor, but I would think what is mentioned in a press release is not necessarily what is registered with the SEC. Any additional info would be appreciated.