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To: Luce Wildebeest who wrote (406)1/3/1999 1:05:00 PM
From: Curly Q  Respond to of 1606
 
I'm immediately jealous! However, here in Chicago no mail deliveries were made in my neighborhood on Saturday Januray 2. We received twenty inches of snow and everything's all screwed up.

If I get a check, I will tell you. I had 1400 shares which I bought at avg 4 1/2 and sold at 2 7/8. I guess I won't get as much as you.




To: Luce Wildebeest who wrote (406)1/3/1999 9:37:00 PM
From: Charles Tutt  Read Replies (1) | Respond to of 1606
 
That raises an interesting question. My shares were in an IRA. Does anybody know what the tax treatment is for the recovery of damages to an IRA? Do I have to put the money back into the IRA? Can I put the money back into the IRA and make a full regular contribution, too? I couldn't find anything about this on the IRS's Web site. Does anybody know where I can find the answer (short of hiring somebody or going to the law library)?

Maybe I'll get lucky and they'll send the money straight to Schwab?

JMHO.



To: Luce Wildebeest who wrote (406)1/8/1999 1:26:00 PM
From: Charles Tutt  Read Replies (1) | Respond to of 1606
 
I got a check today. $279, or about a third of what the formula in the papers they sent indicated. I suppose the rest went to the law firm.

JMHO.