WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: TREND1 who wrote (12670)	7/8/2000 1:55:39 PM
From: Starlight	Read Replies (1) of 60323

Larry - Another thing that bothers me about a possible bear market ahead is that many investors took tremendous capital gains earlier this year. I doubt that many have set aside money to pay taxes, and instead have spent a good part of their gains or else reinvested them. When 2001 comes and they realize that tax time is near, I feel there will be a big sell-off in the market in general to raise tax money. Also, even those who have set aside tax money this year are probably waiting till NEXT year to do some more selling since they don't want to add to this year's gains. When Jan. 1 comes, they can sell and not worry about taxes for another year. Any way you look at it, I think the big gains of early this year are going to create big dives in a lot of stocks early NEXT year. Just my opinion, of course. Betty

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