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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

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3:59 PM EST

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To: Bernard Newman who wrote (27794)	7/31/1997 10:43:00 PM
From: mxyztplk	of 186894

Bernard, OFF TOPIC Dave Budde's post(s) indicate that the recent round of tax bill negotiations likely have further messed up your plans. Although I have not verified this in the pending legislation (no draft yet appears on Congress' web site), it appears from news articles other reports (courtesy of Dave) that assets sold after July 28 will not qualify for long-term capital gains treatment unless they have been held for over 18 months. The apparent effective date (July 28) indicates that this was decided upon earlier this week. Please see the thread of posts starting from: exchange2000.com I won't know if there were further changes until I review the new pending bills. The bottom line is: to be safe with regard to long-term gains eligibility, don't sell anything or hedge until you know the contents of the tax bill, as signed into law. Best regards, Arno

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