Richards Asset Mgmt. Trust, et al. - Page 34




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          forth in petitioners’ motion for reconsideration that are not               
          discussed herein, and we find them to be without merit and/or               
          irrelevant.17                                                               
               To reflect the foregoing,                                              

                                             An Order denying petitioners’            
                                        motion for reconsideration will be            
                                        issued.                                       























               17With respect to petitioners’ reliance in petitioners’                
          motion for reconsideration on Alvarez v. Simmons Mkt. Research              
          Bureau, Inc., 839 F.2d 930 (2d Cir. 1988); Harper v. Commis-                
          sioner, 99 T.C. 533 (1992); Marcus v. Commissioner, 70 T.C. 562             
          (1978), affd. without published opinion 621 F.2d 439 (5th Cir.              
          1980); and Leavell v. Commissioner, T.C. Memo. 1996-117, we find            
          those cases to be materially distinguishable from the instant               
          cases and petitioners’ reliance on those cases to be misplaced.             





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