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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jmac who wrote (6670)	3/8/1998 5:59:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 42787

The tech sector is going to be rough for a while. Unfortunately, I don't have the luxery of being able to sell out. I have thousands of shares of INTC and CPQ. Both, with great gains and can't afford to pay uncle sam if i sell right now. I dont know what your tax situation is..but when most people say this I laugh.... First you said that you were disappointed with INTC and it didnt give you an acceptable return for you and your family Now you say your gains are great and that you cant afford to sell.. let me ask you.....selling 5000 shares at 100 versus selling 5000 shares at 80...is 100,000....would that have paid the tax man???? and what if it dropped another 15...thats another 75,000 there comes a time where you pony up and pay the tax man.... maybe in your particular case you would rather risk the loss than pay the tax man....because of capital gains...etcetcetc..waiting for a lower tax bracket etcetcetc if nothing else...you could short against the box....