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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Nunn who wrote (42692)	5/17/1998 3:03:00 PM
From: rudedog	Respond to of 176387

Geoff - Your analysis is pretty much correct. Keep in mind that I was responding to Eddie's post, pointing out that stop loss orders can sometimes execute in ways you did not intend, in this case by creating a larger tax liability. But keep in mind that this is only a 'problem' due to the spectacular rise in Dell's stock price, and even when Uncle Sam gets his cut this will still have been a great investment. The action just in the last few weeks more than covers the cost of the taxes. The tax issue is one reason that most of my portfolio is a long term holding, the bulk of it held for many years. I play with only between 10 and 20 percent of the total on 'short term' trades (less than a year holding). I clearly don't recommend this (or any) strategy to anyone else, and there are probably a number of ways that I could do better on tax management. But this section of my portfolio is really 'mad money' and after all part of the entertainment is to back one's analysis with real cash. If there's no real risk it's not as much fun, is it?