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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?


To: OFW who wrote (2045)3/22/1999 2:24:00 PM
From: Colin Cody  Respond to of 5810
 
Are you serious? $900,000 for a $20K investment 15 months ago????

What were the names of those stocks?

Anyway, for taxes, USUALLY how the deal would be structured is a tax-free exchange of your $0.25 shares for the non-public shares, which then probably had some other tax-free things happen to them while the red-herring was approved and then finally once public after the IPO you sell at $90 -- retaining the original purchase date and cost when you paid $0.25

Please e.mail me your next 45 bagger, okay?

Colin