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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 322.32-5.6%Jan 30 9:30 AM EST
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To: Proud_Infidel who wrote (6124)5/22/2003 1:48:57 AM
From: ELH1006  Read Replies (1) of 25522
 
Brian, I agree with you 100%; however, I suspect many of these structures are for personal tax considerations. Just a way of life these days and a technique to avoid paying 40% plus in state and federal income taxes, then to be stuck with a huge loss carryover, deductible at $3k per year. Furthermore, AMAT does not have to go out of pocket with cash at this time, which is the only positive, imo.

PR could certainly be handled better.

Eddie
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