Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: wfrazee who wrote (8169)	12/4/1997 8:44:00 PM
From: Jan A. Van Hummel	Read Replies (2) \| Respond to of 14577

wfrazee, Barring any major surprises I would see little change from current levels over the next 2 - 3 months. Probably a range of 5.5 - 7.5 is the best we may expect. If you want to sell and re-establish your position later, you need to check on the tax-laws of what you can and cannot do. If you sell to offset gains elsewhere, you would be better off doing so if you could re-establish your position at less than your tax-advantage above your sales price. That might work. Jan

To: wfrazee who wrote (8169)	12/4/1997 11:35:00 PM
From: Steven J. Tomesko	Respond to of 14577

<What do you estimate S'3's price will be 30-45 days from now.> I'm selling this dog for tax reasons as well. If I wanted to buy it back after the wash sale rule time limit expires (30 days) I could still do so and still receive the tax benefits of selling this thing at a huge loss. I wouldn't buy it back though. There are too many other stocks with better outlooks. Have you seen this thing on a chart? It looks like a "black diamond" ski slope. I'm selling it next week to take as much as a loss as I can to offset my capital gains. Steve