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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (4545)	11/6/2000 8:21:31 PM
From: Jerome	Read Replies (1) \| Respond to of 5482

Possible tax strategy for KLIC..... This was suggested to me by my broker.(The following is an example) If my cost basis for KLIC was $20.00 per share and I owned 500 shares then he suggested buying another 500 shares at the current price of $11.00 or $12.00 per share and then selling the original 500 shares for a tax loss. Another strategy would be to sell the original 500 shares at market and buy them back 31 days from now and hope for a year end rally that would lift even KLIC. A third strategy would be to buy some options at the 10 or 12 strike as far out as possible. This would be the riskiest but perhaps the most rewarding if the soxx index takes off. I'm open to other suggestions. Jerome