Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Timothy Liu who wrote (4478)	10/2/1998 4:11:00 PM
From: Jim Roof	Read Replies (2) \| Respond to of 21876

Expect more tax loss selling unless some major positive news comes out. I do not think the selling we are seeing is of the tax-loss variety. First, LU has built up handsome profits for most of those invested in it. Those people are doing 'tax-gain' selling. Second, is October 2 just a bit early to be looking for tax losses? Granted, when late December rolls around I will be looking to take a loss on some things but for now it is not even a remote possibility that I would sell at any time prior unless other conditions warrant. Jim