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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Normandi who wrote (22893)	4/17/2000 3:35:00 AM
From: Uncle Frank	Read Replies (3) \| Respond to of 54805

>> Chaz. I agree with your last statement...I will be able to buy in multiples of which I held for years prior for the same money. Fair enough, Norm; let's use you as a test case. Since we're threadmates on the ntap thread, I know that you closed out your "older" positions on April 12 during which ntap's trading range was between 56 and 63. Let's say you hit the high of the day. Since you described them as "old positions", I'll presume they qualify for long term cap gains, and that your cost basis was 15. That means you will owe 20% X $48 = $9.60 in taxes on each share sold, so you'll have $63 - $9.60 = $52.40 in post tax cash. At the moment you're ahead of the ltb&h approach by a net $2.03/share. Please substitute the real numbers if you wish, and we'll track your progress in buying back an increased number of shares. Note: since I don't know what state you live in, I ignored state taxes. They should probably be included in this analysis. uf