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To: Boplicity who wrote (20370)	5/27/2000 4:07:00 AM
From: Dr. David Gleitman	Read Replies (2) of 35685

Greg: I have to thank you on your comments that you made on this thread. While it was not directed to me per se, it did apply.In case yuor wondering what I am talking about, you made a comment responding to those who are afraid of taking profits because of the tax consequesnce. You replied that if a stock went down by 1/3, the stock would have to rebound by 50% to recoup. If a stock went down 50%, it would have to double to recoup. The math may be easy, but the implications are quite profound. Thanks for bringing that point home. David

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