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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (9990)	6/14/1998 2:32:00 PM
From: Mama Bear	Respond to of 18691

>>>RE the stocks that do GTO, the IRS now forces you to realize when either of two things happen: the stock is not quoted anywhere anymore or bankruptcy filing is accepted by the court.<<< Umm, Solv Ex has had a bankruptcy filing accepted recently, but still trades every day. It closed at 0 3/4 on Friday. I don't believe that PLSIA is quoted or traded, but should come out of that at some point in time, albeit at a lower price. I do believe the law states that it's when the Secretary of the Treasury declares the security substantially worthless. Regardless of how the law reads, the CPA's and tax preparers should not have to worry about employment for some time. Barb