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To: IceShark who wrote (16272)	9/6/1998 2:11:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Just got back from a morning of fishing and cleaning lunch. -g- I shouldn't even be on SI, but can't help myself since I think next week is going to be the time to place some big bets. IS, At least someone is out and about enjoying the weekend. We are still working on breakfast and I live in the Eastern Time Zone<G> Regarding the B&T stock holdings and sales. I'm not trying to totally dismiss the significance, just that it can't be related to a stock payment for book purchases type of deal. I'll try and slog through Edgar next week to see if I can put it together. If you have done a quasi capital stock reconciliation please post it so I don't have to re-create the entire wheel. My problem is I went through Edgar and I cannot reconcile this. It is possible that the 10% ownership mentioned on the Yahoo Edgar site is an error. That is as close as I can come. I pay for immediate SEC filings and I did post the Sept 2 sale by B & K. The site I use does not show how many shares remaining:-( I would like a second confirmation rather than Yahoo. R.E. Sales Tax. The technology which is allowing e-commerce will also take care of the tax issue. GTW and others got their balls squeezed by the states because of the little item called USE tax, the evil twin of sales tax. Have you ever encountered a person that filed a use tax return for all their mail order purchases, as required by law? -vbg- No I have not filed one. I also rarely ship jewelry out of state and sales tax is not collected. I will point out my stores are 20 minutes driving from the Ohio State Line and the State of Ohio in conjunction with the State of PA have requested that my store file any sales shipped to Ohio. We comply and the recipient is expected to pay the tax. None of them seem to have to at this point. However, that easily could change. Normally it is not cost effective for states to go after people for use tax, but when the item purchased has enough $value to effort expended ratio, look out. States went after cars long ago, since it was easy due to title registration, then boats, then capital equipment additions showing up on companies' depreciation schedules, then furniture out of the North Carolina outlets, then personal import duty declarations from ports of entry, ...... now mail order computers. You boys better collect and pay use/sales tax for shipments into our state; we know we can't go after you legally but we can subpoena your sales records and send a tax deficiency and audit notice to your customers! How do you think they will like that? Gulp! -nfg- If the dollar amount of the small shipments starts to become a large percentage of sales, the states surely will do something. Glenn PS Breakfast is now over I just never had a chance to finish the post<G>