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Land Agent

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Land Agent

Re: fixedops post# 3661

Sunday, 02/21/2010 4:48:05 PM

Sunday, February 21, 2010 4:48:05 PM

Post# of 4849
Just regular purchase of K's and receiving FACE VALUE but no dividends or interest -- probably FED and STATE taxes will take 50% of FACE VALUE -- leaving just $12.50 for shareholder in many states except TEXAS which has no state tax at all -- and assuming $3.00 per share cost of just a few weeks ago would just leave $9.50 per share TOTAL to shareholder of recent purchases -- not a big profit but about 3 times cost -- RIGHT ??? -- THANKS for yours -- BEST WISHES -- LAND --
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