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Technology Stocks : GTIS: Is there a better bet for Christmas sales?
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To: Mike Kao who wrote (169)12/6/1996 5:07:00 PM
From: RJC2006   of 432
 
Thing is Mike, most of the people on this thread haven't even copped to having bought into the 20's. No one is talking about closing their eyes and wishing upon a star. This company had a tough break. I could understand selling if this looked like a permanent situation. But to sell based simply on the idea that to wait is just a waste of time doesn't take the company's position into account. I understand your idea that unrealized gains/losses are REAL but Mike, the fact is they AREN'T. Try telling the IRS that although you didn't sell, you are going to claim against your unrealized losses and see how far you get. The issue is in the 7/s. Sorry, I am not as prescient as you, but I see little virtue in taking a knee jerk loss at this level.
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