SI
SI
discoversearch

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.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (18026)4/17/1998 7:21:00 PM
From: dougjn  Read Replies (1) | Respond to of 50167
 
I almost bought ICN a bit more than a year ago at less than half current price. Kick myself. (Not the first time.<g>)

It has big event risk. Event being war between Kosovo and Serbs or some such. Was way down cause of Bosnia conflicts but as that has settled down, stock has run up. Was super cheap.

CEO is an American Serb who is very hot on the motherland, deals with Eastern Europe, Russia. If he were e.g. Hungarian and bought out a large hungarian phamaceutical instead, it would be a dif. story.

Doug



To: Sonki who wrote (18026)4/18/1998 4:42:00 PM
From: Alias Shrugged  Respond to of 50167
 
Sonki

Interest on debt used to purchase investments is deductible subject to usual rules (ie, to the extent you have investment income) regardless of source of funds - could be margin account with broker or your mastercard. I would keep super-clean records and only use the card(s) for investments - meaning don't charge usual purchases to a card which has cash advances for stock purchases.

Only exception might be borrowing from your 401(k) plan.

Mike


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News