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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (27663)	12/29/2000 11:53:55 AM
From: r.edwards	Read Replies (2) of 65232

Thinking out loud. I have 4000 shares of Cree. If I sell it and take the loss against against other trading gains it will save me about $11,400 in s.t. cap gain taxes. The $11,4m it saves me in taxes divided by the 4000 cree is about $2.85 per share. I am thinking Cree will move $ 5 per share or more before I could get back in (31 days), so I might as well hold it, sell some otm calls in April and let it pay the taxes later. / does this make sense ?

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