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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (42512)	2/22/2001 2:51:17 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Are you looking at emc again?

To: Jacob Snyder who wrote (42512)	2/22/2001 3:29:12 PM
From: mitch-c	Read Replies (2) \| Respond to of 70976

Close behind you ... waiting for it to break 50 intraday. As discussed previously, my ST tactic is covered calls / buying puts, rather than pure short. OT Taxes - a "Capital Gains" tax is not a tax on money - it's a tax on making money. Likewise, an estate tax (or net worth tax) preserves the Buffett/Soros/et al oligarchy rather than break it down. In most cases, the estates that qualify at the low end are forced to sell infrastructure - usually real property - in order to meet the tax bill. The larger estates are flexible enough to draw from more liquid assets. In the case of a small family business or farm, it starves them of working capital and forces them under. It chills the growth of small businesses - which preserves the dominant position of the already big. I have no problem with Buffett volunteering to pay more taxes himself. (I wouldn't mind him paying mine. <g>) I do have a problem with him volunteering me to pay more. However, when I think through the consequences, I understand why he would say that - it's in his interest. - Mitch