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Pastimes : Ask Mohan about the Market
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To: IceShark who wrote (7031)11/4/1997 10:17:00 PM
From: Joan Osland Graffius  Read Replies (3) of 18056
 
Dan, >>How much would you pay for Softy if you could never sell the shares, just put them away in your portfolio until they plant you 6 foot under?

I disagree with this concept. Many of us purchased this comapny in the mid 1980's and have added to our positions throughout the years. I am not there yet but will sell the stock off in small pieces for income instead of depending on dividends. Same with Oracle, Adobe, Intel and others. My tax burden will be less for income from these investments than my dividends from companies like DE, XON, GE, GM and others. Capital gains tax vs ordinary income. Also plowing the potential dividends back into these companies has been better for me in the long run--IMO.

Joan
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