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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Michael Bakunin who wrote (75525)3/5/1999 3:50:00 PM
From: xstuckey  Read Replies (1) of 186894
 
Michael,

You seem to have less regard for tax problems than I do. Let me pose two problems for you.

1. Would you sell Intel at $114 ? Assume a tax rate of 25% (state plus federal) and a basis of $14.

2. Assuming the answer to #1 is no, even knowing what you know now (perfect vision up to the present), would you have sold at $125 ?

It will be interesting to see how your answers will play out in the future. In contemplating this problem, you may come to appreciate the problems of the long term holder.

Best Trading,
X
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