To: Sonki who wrote (18022 ) 4/17/1998 6:05:00 PM From: Nancy Read Replies (1) | Respond to of 50167
s. <<what do u think of intel ceo resign? cpq is now being sued.>> intc insiders have been selling all the way down when stock was on way down from oct to dec. hindsight, it is all written on the wall. :) andy grove being the biggest seller. on the other hand, the guy has prostate cancer, he deserves to go enjoy his life. but he sure is a big lier though he acted and sounded as he is still in full charge of everything 2 weeks before his resignation when he met with analysts in NYC... cpq flatout lied, deserved to be sued. barron was the first one questioned the channel stuffing when the dec deal announced and cpq denied. look what happened ? << Nancy, i am getting this 4.9 1yr visa cards in mail, each has 50k limit. i was think if i just take 50k from each card and put it in msftP (preferred) gives u approx 10% growth. that 5.1% in the pocket and i can get maybe 2-3 cards like that.>> wow, you are going exotic - now let's look at tax issue - you dont get deduction in your 4.9% interest - it is considered personal debt, non deductible (are you sure 4.9% is not the first month tease rate ??? not the full year ???) and your earnings from msftp is taxable - so it didn't cut it. << also if i borrow more then 300k from fido they give me special rate of 6.125?or 6.5. currently i pay 7.5 on my house but it gives me deduction. Can i deduct margin money? i never go on margin except a temporary few days here and there?...>> i never use margin before other than by accident :) but my understanding is your margin interest exp is deductible up to your investment income, dont remember the full details - you can go to IRS website to check out if they have such topic or your 1040 instruction would have such topic i would think. << if u can borrow at 4.9 and safely make 10% y NOT?>> i truly dont think your 4.9 is a real rate apply for the whole year - no way they give you a rate lower than rate backed with a collateral i.e. mortgage, or security. you better look at the small print. :)