To: heather who wrote (1953 ) 5/3/1998 11:39:00 PM From: ztect Respond to of 8242
Dear Heather, If that was his point, and he has such a week conviction about a company he is buying into...why is he here in the first place. Now don't get me wrong, I don't mind skepticism. We should all have our doubts. For example, I have concerns about the current forms of security used on any internet transactions. Especially since everybody and their grandmother has new forms of encryption in the "process" of being patented. I actually don't know whether these are legitimate concerns or not Hopefully, Glenn Zagoren will at least address this issue if he comes back on line since the perception of security is as great a need to getting businesses on the internet using services like PNLK's as the security is itself. So dear Heather, let me repeat again that somebody saying this or that will happen has no fucking clue as to what will happen. he is only really providing insights into the intentions of those who will benefit most from a sell off ie traders ================================================ Lester Thurow, the Dean of the Sloan School of management at MIT along with many others, has suggested a gradated scale for Capital Gains taxes. For shares held over 5 years, 0 % capital gains For 3 years, 28 % For less than a year, Over 50% Why? Because when you purchase a stock, you don't simply purchase a piece of paper, you purchase a company. By HOLDING your shares, you give that company the assets it needs to achieve it's business objectives. From what I've seen so far while placing orders on this "exchange", a better argument couldn't be made for higher capital gains taxes to reduce the frequency of trades. I've only been recently trading on the BB boards because all the great stocks I own on the more legitimate bigger boards are largely ignored for all of the over valued companies getting all the attention. I've also been only interested in four or five issues on these BB's. But those four or five, are quite incredible opportunities. The only reason I can imagine why they are so undervalued, are the games that money managers play. Plus this is "fun" Sincerely and good night. ztect