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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Raymond Duray who wrote (791)	2/7/1999 9:35:00 PM
From: Lynn	Read Replies (3) of 6531

Another way to look at things, Ray, is: What is going to hurt more, riding an excellent stock d-o-w-n then back up or selling [when it starts to go down], buying back [when it starts climbing once more]--and having to pay short term capital gains taxes. The though of those taxes [given my tax rate] are enough to make me shudder. No, not shudder, consider investing in a company that manufacturers smelling salts. When taxes are taken into consideration, buying back into anything, not merely BRCM, a few points lower might mean a person is actually able to buy back less shares [due to taxes]. Lynn

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