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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (2460)	1/28/2000 2:24:00 PM
From: LBstocks	Read Replies (1) \| Respond to of 19219

I raised quite a bit of cash, too. I did not raise as much cash as you because I don't like paying taxes. It probably made more sense for you because I believe my cost basis is much lower than yours (I think you sold most of your Q after the INTC/DSP announcemnet and repurchased it later). My cost basis is under 10/share. I could not justify selling everything at 129 and then giving Uncle Sam 40% of my gains. I also apparently have more long term confidence in Q than you. More importantly, I feel the pain of many of our friends on the Q board, as I know you do too. I suspect those who were on margin have likely suffered catastrophic losses.