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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: telecomguy who wrote (33835)	4/14/2000 12:59:00 PM
From: Howard Feinstein	Read Replies (2) of 77400

Hey Tel, Gar, and the rest! Don't you guys think that 12 months for a Long Term Gain is kind of out of line in this day and age market? To me it seems like the market punishes investors if they don't trade! Most of the gains in the stock market recently have been made in a 3-4 month time frame. If you hold for Long Term Capital treatment you lose more in valuation then you would gain by holding for the Long Term Gain advantage! Doesn't make sense, and it's been like that for a long time. The short term gain taxes is much too severe, and in this day an age long term is 2 months! Howie

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