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Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: Doug Fowler who wrote (358)9/30/1998 11:35:00 AM
From: Russian Bear  Read Replies (1) | Respond to of 9677
 
Are they going to wait until the end of the day to release a statement? I had expected the NetGain press release to issue, by now.

RB



To: Doug Fowler who wrote (358)9/30/1998 9:33:00 PM
From: Mike M  Respond to of 9677
 
<< I have to believe that there is a price at which you would sell FSTW.>>

True...but not the same thing....very few people have the opportunity to get a hot IPO....As you know the idea is to place the stock with someone expected to hold it for a "respectable period"....

If it doesn't matter to your brokerage firm, Doug, you probably did the smart thing......I certainly have no beef. However, In my tax bracket and, no doubt, yours, long term capital gains are rewarded by letting us keep a significantly greater part of the gain.