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Author: loanmowerman One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Taxes after the NASDAQ drop Date: 4/28/2001 4:47 AM
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A friend o'mine is telling me that some investors who managed to make some serious dough on the bull market are now facing the prospect of having to pay taxes on price that is no longer there. She stated that some employees offered shares by their tech companies did not sell before the drop (under "Wise" advise) and now they have to pay taxes on the previous value of the stock, owing the IRS some hundreds of thousands on money they never had.
This is my first posting, so I appologize if this is a foolish question. It just seems that the level of risk I am planning to take just doubled by this prospect.

go Fools!
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