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


To: Marie Smith who wrote (55464)8/1/1998 3:19:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 176387
 
marie, thank you for the information. I have an accounting question if you would care to respond at your convenience of course. I am thinking of placing a stop loss order to sell dell after it runs up toward earnings. I have bought and sold small amounts of dell frequently this year. None of my holdings currently would qualify as a long term capital gain; sine i have held them for less than one year. My income is only about $44,000 at present, before all deductions,i will have a charitable deduction this year of $10,000 or so, and I still have some carry forward capital losses from 1986 which I can use up to $3000 a year.Assuming the stop loss order takes me out of Dell with a $10,000 short term gain, I still don't think I would have much of a capital gain tax to pay if any at all. Is this correct? What would be your advice. Of course I intend to buy Dell back after it drops a bit post earnings sell-off.

Thanks

jhg