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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Valley Girl who wrote (35172)	12/7/1999 11:52:00 AM
From: johnd	Read Replies (2) \| Respond to of 74651

What is long term capital gain taxes for states? I have some MSFT that I want to dispose off. Federal tax is 20% (for 2 years holding) and CA state tax for LT cap gain - what is the rate? Anyone know?

To: Valley Girl who wrote (35172)	12/7/1999 11:52:00 AM
From: John F. Dowd	Read Replies (3) \| Respond to of 74651

VG: Then you should have acted when one of our number suggested SUNW at 90 something back when the judge first spoke. Whoever it was made a good call for those willing to switch. Now you would be better advised to hang tough as this is a MSFT victory from here for 2 reasons. 1.They will not settle to their harm. 2. The DOJ and the Judge will lose on Appeal. I think the only thing that is hurting them today is this realignment of three divisions and some are perceiving this as a weakening on the part of MSFT. There is definitely a certain mystery and uncertainty involved in this most recent announcement although it seems to be an extension of a prior path they had embarked on. JFD