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Technology Stocks : Intel Corporation (INTC)
INTC 37.99+0.2%1:19 PM EST
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To: CountofMoneyCristo who wrote (112643)10/6/2000 5:07:18 PM
From: xstuckey  Read Replies (1) of 186894
 
Countless,

Let's examine the true brilliance of your call and just what it meant to the average Intel poster here.

Your call came after Intel preannounced, thus a seller acting as soon as possible, would have sold for around $45 the next morning. That is already 40% below the high price of a couple of weeks earlier.

Then the seller faces the tax on the remaining profits, which for posters here is almost the entire sales price (the posters here probably average single digit basis in Intel).

Counting Calif and other state taxes, let's say another 33% of what's left.

So, any Intel owner taking your advice will make $1 if he can buy Intel back at $29. Show us what's so great about your call. I ain't impressed!!!

If you meant to warn Priceline investors, go blow your hot air over there, because you didn't do anyone here any favors.

Best Trading,
X

PS Are you related to Michael Bakunin ?
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