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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Charles R who wrote (5189)	6/29/1999 11:08:00 AM
From: A. A. LaFountain III	Read Replies (2) \| Respond to of 9582

Chuck: re tax consequences and audience Taxes: They only come into play if you sell the stock. I don't see how going from a Strong Buy to a Buy is an encouragement to sell the stock and incur a potential tax liability (if the stock gets 20% above my target, I lower to a Hold - an English term that infers retention - and I use an Avoid at 50% above the target; that's where your question becomes pertinent). Audience: Needham and Company is entirely institutional. Hope this helps. - Tad LaFountain