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To: Dwight E. Karlsen who wrote (8743)7/4/1998 12:58:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Edit: My guess is that your capital gain would have been $16M. So you kept your basis of
$4M, and did some form of "like-kind-exchange", in which you invest your capital gain
in something similar to what it was in - this would explain the missing $16M.

Close?


Dwight,

You did a nice job with the numbers. I have been watching Jerk at work daily's posts and found lots of number inconsistancys. I am suspect of the networth of Jerk at work daily as he claims it.

Glenn