Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.91

-1.4%

3:59 PM EST

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To: Sonki who wrote (23548)	4/30/1999 2:07:00 PM
From: Judy	Read Replies (3) of 27012

Hi, sonki Even if AOL is down alot, you would not sell ... right? It's a long-term hold for you. So why should it take a toll on you, just enjoy life. cmgi ... I took my cost basis and some profits out long ago. Now it just goes up and down with the market, 100 points up and down and up and down. But if I sold cmgi at some perceived high, I automatically lose 37-40 percent in taxes, state and federal combined. Could cmgi retrace down 40 percent? Well sure, that is probabilistic and it could rise by 40 percent also. But if I sold, the 40 percent loss to the IRS is definite, no doubt about that. So I hold with comfort. btw, when is the INTC shareholder's meeting?

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