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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Curlton Latts who wrote (11902)	12/24/1997 2:20:00 AM
From: Christopher Gates	Respond to of 25960

I disagree on the tax issue. I think that you need a new advisor. It is common sense, explanation follows: I sold 200 shares yesterday at $17 that was a $5000 loss. At a combined Fed and state tax rate of roughly 35% this sell is eliminating $1750.00 in taxes. Divide that by the 200 shares and I am selling at an $8.75 premium to the current price. I believe that I will be able to buy back those shares at less than the $25.75 price I sold them. If in fact I can not buy them back at less than $25.75 (I have eliminated commisions as I actually lost roughly $5200.00) The majority of the shares I still own is worth substantially more. BTW how can you say you are not disappointed when I have seen no less than 10 posts by yourself crying out for Cymer to announce a buy back. If you truly are happy then you should be able to wait for the eventual resurgence in the price after the next few earnings announcements. Chris

To: Curlton Latts who wrote (11902)	12/24/1997 2:26:00 AM
From: Shakush	Read Replies (1) \| Respond to of 25960

Hey Curly, nice piece. You probably saw the latest King Knute declaration from the BOJ. If I'm reading it right, now that the knife allowing Jap banks to use unrealized capital gains as reserve capital is cutting the other way, they're going to "allow" the banks to "choose" the method by which they value their holdings. I think it is to value them at book, not mark to the market as before. biz.yahoo.com Duane

To: Curlton Latts who wrote (11902)	12/24/1997 1:53:00 PM
From: Mr. Aloha	Read Replies (3) \| Respond to of 25960

If I sold stock in 1997 for a $50,000 capital gain... and I had $30,000 in paper capital losses in Cymer with all the negative news about Asia etc.. I'd probably take a very close look at the situation. If I thought that I could sell Cymer and get back in before a significant increase (after 30 days), I'd probably do it. I would wipe out $30,000 in profits and save approx. ($4,500 - 8,400) in Federal taxes. So instead of owing something like $14,000 in Federal taxes, I'd owe $5,600. I believe the last day to sell stock for 1997 is three days before the end of the year because the record date is the settlement date not trade date. When is that? Today or tomorrow? Aloha