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Technology Stocks : All About Sun Microsystems

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To: george who wrote (21562)10/21/1999 12:01:00 PM
From: Lynn  Read Replies (1) of 64865
 
Here are my two cents, George:

First, ask yourself the following question: Is SUNW a company I want to have in my portfolio in March [or whenever] of 2000? Put the y2k hype to the side when asking yourself this question. If your answer is, "No," you might as well sell.

If, "Yes," then, before selling even one share now, with the intent of buying back-in later, figure out how far SUNW is going to have to fall before you can buy back the same number of shares (or more shares) with the proceeds you would get from a sale right now. To do this, take all your tax liabilities into account. If you have a hypothetical profit of $6,000 right now, its going to be less than this after Uncle Sam and your state get their cuts.

I'm a long time shareholder of SUNW and not planning to do any selling.

Lynn
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