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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Richard Ruscio who wrote (28866)3/4/1999 9:07:00 PM
From: Sun Tzu  Respond to of 70976
 
In addition, the reason he has kept many of his positions (like KO) has more to do with taxation than buy and hold (or the intrinsic value of KO vs. its market cap). He bought them so cheap that it is not worth selling and paying taxes. He does however follow other strategies to benefit from their current valuations.

ST