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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (28458)	11/29/1998 2:19:00 PM
From: llamaphlegm	Read Replies (1) \| Respond to of 164684

good question from tmf re: tmf's recent sale of 20% of it's amzn holdings I would like to simply saw the emporor is naked. It does likely make sense for the the fool portfolio to sell their three losers with long term capital losses this year (approx 7K) but there may be advantages holding off selling AOL and AMZN with approx 40K long term capital gains until Jan 2--at least with portions above the losses. I have only quickly done the gains and losses in my head; it's likely off a bit but the principle should apply. There could be ways to get around this with gifting or doing this inside a tax-deferred vehicle. I am a fool I think. I have read your Investment Tax Guide--simply excellent definitely worth the price. I also did my own tax return last year with the complexities of three rates on capital gains. I have heard before don't make financial decisions based soley on tax considerations but why not hold off a month?

To: Glenn D. Rudolph who wrote (28458)	11/29/1998 2:19:00 PM
From: C. K. Humphries	Read Replies (1) \| Respond to of 164684

Glenn, It also occurs to me that on-line merchants have a shorter selling season than a local merchant because of the potential mail delays. I figure that orders would dry up entirely around the 15th of December. If you wanted to give someone a gift on Xmas day, when would be the latest you would order? You wouldn't pay the next day or 2nd day rate because then it would be as cheap to buy it down the street now. Assuming nobody starts buying Xmas gifts until Thanksgiving Friday, that gives the on-line merchants 3 weeks instead of 5 to sell their goods. amzn reported four times the # of sales as compared to last year...but what are the actual numbers. Kent