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To: HerbVic who wrote (45)5/21/1998 4:08:00 PM
From: Magnatizer  Respond to of 1729
 
Herb

that is a great idea with the SI portfolio. Saves me from having all these watch lists lying around.

As far as I know you are supposed to report quarterly. However, I opt to pay the penalty at the end of the year and use the money in the market. The penalty is minimal compared to what you can make off of the money. Food for thought.

ht
david



To: HerbVic who wrote (45)5/21/1998 4:13:00 PM
From: R Stevens  Respond to of 1729
 
NetMeeting Meeting:

Let's try something new, I am not sure it will work because I haven't used the software for more than a two person chat before, but I will give it a try.

I will host a NetMeeting audio only chat at 5:00 pm eastern time at the IP address of 166.55.14.171 We will discuss the market trend, Dell as a short, and Utah vs. LA Lakers. To participate you will need Microsoft NetMeeting software(available at the web link below), and a microphone.

Once you have the software running, select New Call from the Call menu. Then type in 166.55.14.171 for the address, and choose "Network(TCP/IP)" where it says "Call using". (You do not need to check the box called "Join the meeting named".) Good luck. If it doesn't work or you can't figure it out, check here later and I will post on how it went.

NetMeeting Software is free:
microsoft.com



To: HerbVic who wrote (45)5/22/1998 2:35:00 PM
From: David R. Parker  Respond to of 1729
 
Quarterly reporting and on-line tracking...

HerbVic, that is a great idea about using the freebie portfolio managers on-line to alert you to price points. I use Yahoo's portfolios in addition to the Personal Stock Manager software. I never thought of setting the "purchase price" at your target and just watching for "red zones". I love it.

As to quarterly tax reporting, you for sure will want to figure your liability by "quarter", (really it's jan-march, apr-may, june-aug, sept-dec) and make an estimated payment if required. You don't have to actually report your income, but if your payments come up short, you will need to justify your estimations by quarter to avoid a penalty. I have a pro do mine, so I hope I'm saying this correctly. If not, someone please correct me.

As for the boat...I too have a sailboat on a lake nearby...I keep telling my wife I need to get a cellular modem for the laptop so I can "work" from the boat...so far, she's not going for it! : )

Best Regards,

David