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Technology Stocks : Hutchinson Technology, Inc.
HTCH 4.0000.0%Oct 6 5:00 PM EST

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To: Robert Douglas who wrote (1435)12/16/1999 9:21:00 PM
From: Sam  Read Replies (1) of 1487
 
<< You can always double up now while everyone else is selling...>>
That is why I bought more on Nov 29th or 30th (I forget which). I bought enough so that if Dec 30 or 31 rolls around and I want to sell to get the loss for 99, I will be able to do so but still maintain the position I want. With the Maxtor news today, we may see a run in Hutch before the new year, or at least before earnings are out, as Maxtor is a Hutch customer (I think 100% Hutch, is that not correct?). I hope we do see a run, because although I would like to reduce my tax bite, it is never dollar for dollar, and owing the government taxes is far better than not paying any at all.
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