Bankruptcy/Chapter 11 / Healthcare Equipment & Services / Telecommunication Services

Post-Bankruptcy Watch

December 1, 2003
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As a follow-up to last month's article on the strong recent performance of many post-bankruptcy stocks, we will try to provide periodic alerts on companies that are emerging from Chapter 11. MCI (formerly known as WorldCom) had its Plan of Reorganization confirmed on October 31.
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Act Now on Tax Losses

Beat Year-End Bounce Rush


With all the stock market volatility this year, many investors probably find themselves holding some stocks in which they have sizable losses. By selling those losers and realizing losses, you can use those losses to offset taxable gains that you may have realized during the year.

Value Stock Profit

Most individual investors consider this investing strategy in December, which means that this tax-loss selling could push the price of some of these stocks even lower--meaning you probably do not want to be selling your losers then. In fact, savvy contrarians should consider buying some of these beaten down stocks to take advantage of that tax-generated downward pressure that goes away on January first.