PCTH Anyone think this can take off in 1998?!! Message Board

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Technology Stocks : PCTH Anyone think this can take off in 1998?!!

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To: Snowman who wrote (1472)	2/4/2000 9:35:00 PM
From: WalleyB	Read Replies (1) of 1509

To all, I'm long now for longer than I can recall, too long? This has got to be record setting Volume for PCTH, over 14 million shares? Wowzer! It's been interesting to read about the folks who time the stock price to sell and move back in on pull backs. I was wondering, when you pay the 28% tax on each gain and then the FICA does your net return appreciate significantly more than if you simply held the position and added to it as the stock pulled back after a strong advance? I've never traced it out on paper to see how it might work, seems like the risk reward ratio becomes as threatening as the paper work that the trading generates. Do you guys use a CPA to work out the details? If so how much more does that cut into your returns? Just curious, Always wanted to try it but haven't had the gumption, or the $8 trading costs to make it attractive.

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