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Post# of 704047
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Zeev Hed

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Zeev Hed

Re: extelecom post# 196902

Sunday, 01/25/2004 1:03:07 PM

Sunday, January 25, 2004 1:03:07 PM

Post# of 704047
No change in the 1202 exclusion. It applies to companies you bought when their assets were under $50 MM (QSB, or "Qualified Small Business", many of the start ups I have invested in were like that, I still have some which are not yet public and am "waiting") and that you held for 5 years. 50% of the gains upon selling is excluded from calculations of gains.

AZH

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