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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Zeller who wrote (512)3/20/2000 11:05:00 PM
From: Paul Senior  Read Replies (1) | Respond to of 861
 
Ken Z. If someone or some group spends 900M to make an investment, I assume they consider that they are making an investment in a business and its future prospects. As regards HLTH, there's no negative news, no change in business strategy, and no change in management that I'm aware of. The only thing that's changed is the price of the stock. If Janus sold because they expect rapid decline presages even further rapid decline, then essentially they let what could/might/may be a short term drop determine their sell decision and therewith, an assured loss.

Wash sale rule applies to losses only. Buying/selling/buying/etc. the same stock when there are only gains (lucky you -g-) means you can come back into a position anytime you want without triggering concerns about the 30-day wait.

Paul Senior
adding to my small position today @ 29+



To: Ken Zeller who wrote (512)3/21/2000 1:59:00 AM
From: kumar  Read Replies (1) | Respond to of 861
 
please, could we see some real facts on the table, rather than "speculation" and "opine"'s ?



To: Ken Zeller who wrote (512)3/21/2000 9:46:00 AM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 861
 
Janus can't bail. Institutional investors like mutual funds are required to hold stocks for a certain period of time (I can't recall the number).

Janus is not going to bail and take a 500 million dollar hit. They know what is really going on with HLTH behind the public front.

DocStone