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To: VICTORIA GATE, MD who wrote (53002)	7/22/1998 12:12:00 AM
From: SecularBull	Respond to of 176387

Doctor, you post was confusing. Can you restate it? Thanks. LoD

To: VICTORIA GATE, MD who wrote (53002)	7/22/1998 2:55:00 AM
From: PAL	Read Replies (4) \| Respond to of 176387

I did buy back 12k shares at to day low ,out of the 11k shares money i sold last week Victoria, congratulations to your timely moves. Please enlighten us: You sold 11k shares last week at 117 1/2 (or around that area), you need to pay taxes on your gain (at around 42%). Then you bought 12k shares at the low (around 110). On paper you are ahead around 6.8%. Is this paper profit more than the taxes you have to pay? Would you say that BUY and HOLD would be a better strategy? As Jay Goldinger said: It is not what you make, but what you keep. Good Luck to you. Paul.