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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: LindyBill who wrote (28617)7/24/2000 8:39:29 AM
From: BI*RI  Read Replies (1) of 54805
 
"If I had your 6 year "no trade" outlook, and a taxable position, I would probably hold both stocks through the merger"

As I plan to retire exactly 6 years from now, that is my horizon, as well. And my problem is that I'm in a taxable account in which JDSU has grown to 37%.

As much as I had promised myself not to sell any JDSU, 37% is a bit much, and will even be higher if /when JDSU revisits it's high. I planned it out this weekend to reduce the JDSU and roll the proceeds into my 5 other stocks (a reverse Russian Army approach). But then when I calculated that even if I sold all of my taxable QCOM at a loss (our Roths are all QCOM), I'd still have to send out three equal checks next Winter, one for my son's tuition, one for my daughter's, and one to the IRS.

Now I don't know what to do, and I hate it that I may end up taking on more risk than I want, and pass up the opportunity to increase my holdings in some other good stocks just because of the taxman.

Marc
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