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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Kerry Phineas who wrote (49854)3/5/1999 12:45:00 AM
From: Mama Bear  Respond to of 132070
 
"Its probably less obvious as a percentage of his net worth"

Is his net worth calculated using the current market price? If so, it's very inaccurate IMO. He simply would not be able to sell his entire stake at once without causing a downdraft. It would be more accurate to value his holdings at .7 of market value. If you want to figure in the unrealized tax liability, figure .7 of that.

Barb