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Technology Stocks : Intel Corporation (INTC)
INTC 40.34-2.6%Dec 8 3:59 PM EST
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To: tcmay who wrote (143162)9/9/2001 3:37:17 PM
From: bacchus_ii   of 186894
 
RE:"According to this morning's news, the talk is of a cut from 20% to 15% BUT ONLY FOR TWO YEARS!!"

Maybe they figured that most lost will be taken in the next 2 years and in order to reduce the amount of deduction against previous years gain they reduce the taxable portion of those loss. Kind of ATM scam except that it will affect almost every investors, not only corporate insiders having option plan.

Gottfried (the other one)

PS: It's also an insentive to dump your Intel stock you have since so many years..... might not help the stock.
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