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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: tech who wrote (2522)	2/20/1998 1:37:00 PM
From: T-Dog	Read Replies (1) \| Respond to of 3391

How come you lay into people about buying ALYD as a long term investment and you advise people who bought into CSGI @ 15 to average down? Also, why would SOME people want to force themselves into ordinary income taxation by trading an account when they can wait for capital gains rates. That's a difference of 39.6% and 20%, plug that into an excel spreadsheet and see who ends up ahead in the long run - assuming that ALYD (or any stock) is going to eventually be a good investment to go long on. Sure, a trader may be ahead now but in the long run I'll take buying on dips and saving 19.6% on taxes anyday. That is just me, I take more of a long term approach to investing. Of course, I do have losses in CSGI that I can offset against any gains I have in other stocks - hmmmm.......a tax neutral strategy, maybe I should advise individuals to offset investment gains with CSGI loses, perfect- no income taxes. Let's call it the "Income Tax Efficient Investment Strategy." I'm just having fun, nothing personal. Those are the things that I think of when I read your posts. I'm basing this on the fact that you have stated that ALYD will be a good stock to go long on later and that you should trade ALYD now and go long later. So create short term capital gains now and short term capital gains later vs. paying long term capital gains later. I'll win later (well most of the time, I like my chances)if it goes up because I will always buy into dips and average down. Of course this only applies to non-qualified accounts - where I assume you do most of your trading since using margin to acquire stock and options would create UBTI inside of a qualified plan, IRA or CRT - which would not be a smart thing to do for income tax purposes. Best of luck to you and your investing strategy - P.S. I'll did follow you advise and buy ALYD options awhile back. Good call. The great thing about investing is we all have different ways to get from point A to point B. Also, I can't contribute short term gain stock to my CRT and receive a current income tax deduction upon funding. That is a motivating focus of mine, I hate paying income taxes.