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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: tech who wrote (5141)	3/22/1998 2:01:00 AM
From: Robert K. Sims	Read Replies (3) \| Respond to of 10786

Tech you said, I think what I have posted on both accounts in a factual manor and have said things that need to be said. I have tried to include as much information and links as possible to support my views. Other than the fact that Alydaar is a good trading stock for you and that you have made a lot money doing so, what are the good points about Alydaar? There has got to be some. I own a lot of this stock and I don't think it can be absolutely a loser and as terrible as you state. Is there anything at all good about Alydaar? One more thing. Apparently you have a way of trading this stock in a tax-free manor. That's not the case with all that post here. I'll give you an example from my point of view and maybe you will realize all how circumstances differ. Let's say I own 10,000 shares @14.00 per share and I sell at Friday's approx. Friday close of 18.5. I've made $45,000 right? WRONG. When you're in the maximum tax bracket like some here, Fed and State taxes will eat about 45% of that what looked liked $45,000 profit which only leaves $24,750. That doesn't look as good as it sounded. At least not to me. To complicate things worse it's hard to find the exact high and low of any stock, especially when you factor in the tax situation I just described. Now in order to come out I would have to by the stock at below $16.475 before I could reenter and come out one dollar ahead. It's hard to trade this stock if you have to consider every profitable trade is a taxable move and you don't get to take the loss unless you're out over thirty days. I think that the rules vary according to everyone's on circumstances. Another thing is the fact that if we hold this stock for 18 months then we automatically make a lot because our capital gain is reduced to 20% Fed. That in it's self is enough to hold for. Just one more thought. Had I sold my position when the stock reached $32.50 in July I would have made a lot of taxable income. My $32.50 minus $14.00 per share would have left $18.50 per share profit, right? WRONG AGAIN. Let's not forget the tax man. He would have got approx. $7.75 per share. I personally had to watch the stock pull back before I would have considered selling. Then it's hard to think that it would drop 45% less than that. If it does before you reenter well you might be okay, If it doesn't you lose. Anyway it's easy now to look back and see that I would have more if I had sold at the higher price. But look how bad it would have been if I had bought more shares with the profit at around $20 and rode them down to the year-end price of around $12.00 and all of those taxes came due. It would have been a sad day. I would have had to sell my shares that I bought at $20.00 and take the loss to pay the taxes on what I made at $32.50. Again I've told you before that your trading skills are admirable, and congratulations on what you've made. For all of the reasons stated above I will just have to hold and buy on dips and believe that before the year 2000 this will have been one heck of a horse to bet on. Every one isn't mad because you made money and they didn't, and everyone has a reason to play the game according to there on personal financial position. In this case I think both situations are correct for ones own position. -Robert

To: tech who wrote (5141)	3/22/1998 3:01:00 AM
From: Tech Master	Respond to of 10786

>>> I am the most hated poster here <<< For once I agree with one of your comments..... Have a nice day, Tech Master P.S. Where is your buddy Jeff Rogers?