X-Message-Number: 6486 Date: Tue, 9 Jul 1996 13:38:44 +0100 From: (Red Tree International) Subject: SCI CRYONICS Stock Value Info Cryonet. In response to John de Riva's question #6456 requested by Paul Wakfer. the >question of writing off losses due to share price reductions when there is no >public trading or even when there is, has come up many times before (eg. with >Royce Brown re his 21st shares in our phone conversation yesterday) and I >don't know the full answer. >Dave Kekich, could you please answer this one on Cryonet and sci.cryonics >(his post went to both)? You don't get a stock loss, whether the company is public or private, until you actually sell your stock at a loss or until the company goes out of business or if the stock becomes worthless. If anyone knows of exceptions, please clarify. David A. Kekich Red Tree International 247 Shekomeko Blvd., Suite 107 Johnstown, PA 15905 Tel. 814-255-6005/Fax 814-255-3418. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=6486