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Technology Stocks : Nokia (NOK)

NOK 6.775

-3.6%

Nov 13 3:59 PM EST

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To: Diamond Jim who wrote (2938)	12/6/1999 6:15:00 PM
From: tero kuittinen	Read Replies (1) of 34857

Yeah, the churn cycle approach is pretty tricky for tax reasons. You would need to bet on a 40-50% drop to make it worthwhile after the capital gain taxes. On the other hand, the prices of most alternative tech investments like mobile operators is getting up at the same rate as Nokia. The idea of buying gold bars and moving into some Montana survival camp doesn't seem so wacky anymore. There will be panic in the streets if the 4Q numbers show any softness after this rally. Tero

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