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.

Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (11463)	6/28/1998 8:35:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 27307

bill the short-seller hopes never to cover thereby avoiding paying any capital gains taxes Is that true. Are you suggesting that if the co. goes belly up, the money you received for short selling is NOT TAXABLE ? Is the same true of selling puts that are not exercised ? I am kicking myself for not going long this stock last year. It was one of those situations where the glaringly obvious was right in front of my nose but for some odd reason, I did the stooopid thing and missed the opportunity. I know the feeling. For the past 4 years I have been telling everyone that INTERNET is the biz of the future and that it will be bigger that the PC biz and that one should buy all the internet stocks when they go public. Guess what. I bot and sold for a measly profit. And gave up all the big bucks. Now i am wiser but so is everyone else. and more so. I missed the boat again and dont knwo what the next revolutionary biz is going to be or if there will be one in my lifetime. Of course I have my eye on comm. cos. like IRIDF and GSTRF. Will I buy and hold these ?? Who the hell knows. I dont have patience and will probably not hold and then curse myself for missing yet another opp. ratan