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Technology Stocks : SMSC Standard Microsystems
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To: dwight vickers who wrote (50)11/11/1996 2:54:00 PM
From: Robert Salasidis   of 335
 
I decided to do a little tax loss selling today. Sold the shares, bought a call (results in a small loss from commissions and spread but should be close to equal to a year or two of interest on the tax savings).

In general I think this is one stock that may have a January effect, as it is sufficiently low priced (<10$), and has a good balance sheet. It has been beaten down of late (and no doubt some of it is tax loss selling).
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