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Non-Tech : Kirk's Market Thoughts

COHR 178.34

-10.2%

Dec 12 9:30 AM EST

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To: Fintas who wrote (6738)	2/17/2019 4:41:55 PM
From: Kirk ©	Read Replies (1) of 26769

That is a GREAT argument for what I did in the late 1990s... had 10x gains in some stocks so I sold 20% of my shares to get 2x my investment out... would have taken more as I was working for stock options in 1999 and 2000 so little income but for profit taking but still was against the AMT wall. Here in Taxififornica.... you need to be good at getting out and back in just to break even after the tax hit. Bush then Obama made it even better for LT capital gains and many of those growth stocks turned into great dividend stocks (AMAT, INTC, MSFT & LRCX.) Why I bought Intel and MSFT in the early 1990s? I went to Wescon in Vegas for work to check out what others were selling for a new product line we were getting into (IrDA to bridge the gap until Bluetooth was cheap enough via Moore's Law)... I was using PC and Word and 123 and Excel to do engineering and project management and decided that would be something EVERYONE would eventually do... so bought IBM, Intel, MSFT to go with my HP company stock.... Boy did that turn out well! Anyway.... 20 years in and AMZN still isn't paying dividends... hard for a $1T stock to go to $2T... so I look elsewhere.

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