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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (8689)	3/31/1999 9:52:00 AM
From: Murrey Walker	Respond to of 41369

Think of those capital gains as another raise...don't look back.

To: Dr. David Gleitman who wrote (8689)	3/31/1999 10:21:00 AM
From: Dr. Id	Respond to of 41369

The capital gains comment does raise an interesting question: I have huge gains, for example, in AOL. To take profits prior to holding for a year means a huge tax bite (probably close to 40%), while holding for at least a year means a 20% tax bite. With volatile securities such as this, its a tough call whether to take profits, pay the tax, and probably get in cheaper, or just hold through the volatility. I tend to hold... Jeff p.s. I have done MUCH better on my own without a broker also. Brokers have gotten me into stocks in the past where I have lost my shirt. My own picks are WAY up over time (for the most part). Also, I don't tend to churn my own account! :-)