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Date Posted: 09:48:22 12/22/99 Wed
Author: Jay
Subject: Lawsy, that thing has been a problem for you. You might
In reply to: Patty 's message, "Re: no, buut I can sound like 1." on 08:21:14 12/22/99 Wed

consider, a face to face w/ computer in hand w/ either the seller, if under warranty, or lst service person, who may have something he'll trade you on. They have worked on it twice right? Anyway, go 100% or a showdown in front of all the customers at the check section, no where else. Hit 'em where it hurts.

Or, donate it to GoodWill or another agency. get a writeoff 7 buy something after Christmas on sale. Obviously, you will wait to donate after you have something in hand.

On taxes, I trade out of an IRA, so that is a 0 right now. I am new at this tax piece on what I now do as I take out each month hat I need to live on for us. I will eat a 10% penalty & be taxed at an ordinary income rate. A CPA I am going to use who does all the taxes for a big group of daytraders here in Shreveport says your tax rate & structure will depend on how you declare your "business" as this will drive rates 7 write offs.

THIS is important & something to seriously consider if you don't already have a good CPA. Call a daytrading office in your area & get the names of a couple of CPAs the people who daytrade at that place use. talk to 'em. You can't specialize in the field BUT using somebody others use is better than using someone who doesn't understand the nuances of what we do 7 the capital outlay.

Good Luck 7 let me know if you hear anything interesting.

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