MATRIX Penny Stocks

[purlieu]

dashrip - taxes

It sounds like all your gains are short-term capital gains (i.e. stocks held for less than a year). If that is the case, I believe your gains will be taxed at the same rate as ordinary income, which varies depending on how much money you make overall in a year. Your short term capital gains add to your income, and could possibly push you up a bracket. The following link is to a tax table for 2002. By the way, all this information was valid for 2002. I don't know how much it has changed for 2003.

http://taxes.yahoo.com/rates.html

Congratulations on your 11-bagger!!