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Technology Stocks : INTC
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: KENNETH R SANDERS who wrote (604)7/23/1997 2:42:00 PM
From: Dave Budde   of 990
 
Ken, re: ">Do you have any that cost 2 cents since your average is 50 cents?"

Unfortunately not. My lowest basis is 11 cents. Too bad for me, huh? That extra 9 cents of profit sitting there waiting to be taxed. Let's see at 28% that's 2.52 cents of tax per share. Damn! Oh, but once the new tax cut is passed, then it's only 1.8 cents per share of tax. I think I'll wait to sell.
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