SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: High-Tech East who wrote (36077)10/3/2000 5:41:52 PM
From: Prognosticator  Read Replies (1) of 64865
 
I don't know how many of you read Jim Cramer (from this site), but I recommend reading this

So his thesis appears to be "sell when you think it hit its top". This is all very well unless you actually have to pay Income Taxes on your Capital Gains (which I suspect doesn't bother hedge fund managers). When you buy and sell like that, you are effectively taking a 33% correction in your portfolio, courtesy of Uncle Sam.

Ken: I hope you know when to close your puts.

P.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext