To: Ann Janssen who wrote (25379 ) 2/7/2000 2:58:00 PM From: Sonny McWilliams Read Replies (1) | Respond to of 27012
Ann. Thanks. I have been fooling around with the new SI over the weekend. I guess it's not too bad. Thanks for that trash info. So, I really only have to save some of the PM's I want to go back to, since I can go back to the public messages from the day any thread started. I was worried we would lose that. Some of the PM's have links and it pays to keep some of them for a while, until you don't need to access the links anymore. I guess you could just save the links. gg. The one thing I really don't like on the new SI: You can delete things too easily by not being careful. Now back to stocks. Things look not too bad considering how much the DOW is down. Most of us here have techs anyway. WCOM. Are you happy with it today? I am. gg. I have been riding this stock up and down sev. times now. I guess it would have been a good trading stock in the last year. But, I have long term gains and decided NOT to pay the taxes. I believe I am at the same point as you. I may have sold a bit too much of my long term gains already. LU is doing me in. Should have stuck to my guns and held it. It's down a bit today. It is paying a big chunk of shares for this new company and it will dilute the earnings for a while, I guess. I was thinking of buying some back but, I'd better check it out again. This optic fiber purchase should be very good for LU. That's why I hate selling any company I have for the long term. It's hard to go back in. Same story over the years with most of my long term holdings. In the long run paying a lower tax rate makes up for not buying and selling in these stocks and you accumulate nice numbers of shares. And then, on the other hand, I do also have some trading stocks in the stocks I hold for the long term. I need it to offset my margin. I have taken some profits in my short term holdings to reduce my margin. I am hearing today that the markets will go up over the next 3 mos. So maybe I should have waited with selling. But you sleep better with less margin when the market is so volatile. gg. And I am still FULLY invested, counting my margin, I guess, over invested. gg. Coming back to WCOM. Smith Barney has a very strong buy on WCOM. They call WCOM a company with very sexy worldwide holdings. I guess one of this sexy stuff is UUNET which is involved with this new Ford deal. You know, employees getting those free cpts. More cpts, more fees for UUNET/WCOM. BTW. I knew whom you were talking about. I was replying to this: What do you think about this big win by McCain? This sounds weird. I liked McCain a lot. But now I am getting tired of him tearing his opponents down with false Soc.Sec. stuff etc. and then he whines when they get back at him and set the records straight. He now calls this neg. campaigning. Sheesh. Dish it out but can't take it in return. McCain: I am an outsider, while you Mr. Bush are an insider. I am the only qualified leader of this country. I can't see the logic of that but all of them are better than you know who, gg. Again. This does not sit right with me. Mr. Bush has been the leader of a big State. Mr. McCain has been one of many Senators. He has learned Mr. Clinton's double speak. Plus: Don't do as I do, do as I say. I don't want to take campaign contrib. from some, but I have to. And this talk by the press: Is Mr. Bush really tough enough to to hold up against a DEM opponent? Well, he was tough enough against his very tough DEM opponent, Ms.Ricardson in Texas. Took the GOVship away from her and kept it for 2 terms. Unheard of in Texas. Another btw. What do you think about this 1.8 trill. spending spree by the President? He appointed Mr. Greenspan again but does not want to take his advice. Mr. Greenspan said: If you have to touch the surplus, my first choice is paying down the debt. My second choice is a tax cut. Worst scenario: More spending. Well? I hope we all wake up and ask for some of our money back. A cap gains tax reduction would also be great. It's our already taxed money we are putting on the line so business can grow. With this huge surplus even Mr. Bush's tax plan looks puny. Maybe he can add cap.gains reduction to it. There is plenty for Soc.Sec., medicare, schooling etc. Sonny