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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: mike machi who wrote (3980)12/30/1998 9:27:00 AM
From: the Chief  Read Replies (2) | Respond to of 37507
 
Just a point for consideration. I donot intend on buying (or adding to positions held)any Internet stocks until 2nd week of January. We have watched the implications of "tax loss selling" on most stocks.....but what most people may not realize is that most people in the US may start selling their Internet stocks right after Jan 01 and retain their large profits for 1999 making use of the gain for all of 1999 before having to pay a "gain tax" on this money in 2000!

Just a thought!

the Chief