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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.41+2.2%Dec 5 9:30 AM EST
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To: Frank Ellis Morris who wrote (17445)2/11/1998 7:50:00 PM
From: Jimbo  Read Replies (2) of 27012
 
Frank/Sonny and Thread -

Just talked to my father and he is getting pressure from ML broker to
dump half of his position of INTC. Logic is that in the near term the stock will go down; then buy it back at later depressed price. Doesn't make too much sense because of the tax implications. His cost basis is around 40. Anyone know what the details on ML's Kurlack's (sp) negative comments ? Interested in knowing the thread's opinion ?

Thanks !
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