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Technology Stocks : Seagate Technology
STX 282.86-0.9%Dec 9 4:00 PM EST

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To: Jacky AY who wrote (4279)11/25/1997 4:42:00 PM
From: Len Roselli  Read Replies (1) of 7841
 
Jacky,

I too lost a good deal of money on Seagate, with one exception: My shares are held in a IRA account, so I can't even take advantage of the tax loss (My gains are in non-IRA accounts). I always thought that tax-deferred accounts were neat, because you don't have to worry about capital gains till you retire, but I guess there's a downside to that, too.

Happy trading,
Len

PS. Since I don't need the money for a while, I intend to hold on till it recovers. It will.
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