Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 201.07

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3:59 PM EST

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To: Edwarda who wrote (9941)	3/12/1999 9:13:00 AM
From: Benkea	Read Replies (1) of 19080

Edwarda: "I was simply questioning the drag on one's returns from short-term trading in a taxable account;" Not at all. As long as you buy back (if you even want it back) for less that your tax rate ON THE PROFIT ONLY, then it is a win. IE: you $50 per share and sell for $60 per share. Even if you are in the 39.6% bracket, you win as long as you buy it back for under $56. "I hadn't even mentioned another, namely, commissions even with a discount broker." You're kidding, right? $20 in and $20 out is JUST NOISE on a $10k to $100k trade!

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