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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: Sonny McWilliams who wrote (9958)9/21/1997 10:02:00 AM
From: royco   of 27012
 
Sonny Re: "IRA" decision of Dennis

As usual your coverage of all the issues is right on! the 30 yr. horizon for Dennis seems to have tremendous appeal for accumulating gains tax free. I've got a 15 to 20 yr. horizon, but regardless, I always find Congress making changes that none of us could contemplate. Right now in Pennsylvania, more and more counties are getting feedback abour the humongous property-tax increases, (as in New Jersey), and there is finally talk about education being subject to more income and/or sales (Consumption) tax, with lower property taxes. This was taboo for decades. One way or the other they're going to get us. Bottom line, if IRS Code stays as complicated as it is, Dennis probably is safe with decision to pay Uncle Sam. 5 to 10 yrs. from now I do believe we will begin or be in the middle of a sea change in taxes at all levels.
Finally, you and other contributors are truly amazing. Cover loads of investment issues, but most impressive, BOY, CAN YOU GUYS TYPE!!gg
Go INTC to 140 by the Spring, (.$99 on 10/15).

Regards, Royco
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