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

To: SecularBull who wrote (45809)	6/1/1998 4:55:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

re: Jim P., you assume that my basis in DELL is $95! I have a long, long way to go before I ever get close to my DELL being a market performer for the last 3 years. Could you justify selling and paying capital gains on an almost 1000% gain? (I know such a gain is probably foreign to you, but try to imagine it anyway.) Don't let taxes or commissions effect your trading decesions. To do so means you are letting things that are not connected to the stock or what ever you are trading impact your decession making process. I had a client that once said the same thing. He had about a 300% gain in MCHS, Micro health systems. It was about a $250,000 gain. He did not want to pay taxes on the gain. He got what he wanted. He paid taxes on a $100,000 gain. He saved himself $60,000 in taxes, of course his after tax gain was $60K instead of $150K. Now DELL is different than MCHS which I don't think exists anymore. But the point is the same. You are going to have to pay the taxes no matter what. The ultimate question is, will you pay a lot or a whole lot. Jim I am not encouraging you to sell your shares here. This is a very important aspect of trading. I know you have been in there a long time, but unless you are never going to sell the stock, in which case you should not even bother wasting time here, it is just a trade.