SI
SI
discoversearch

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 : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Lynn who wrote (56815)4/10/1999 7:12:00 PM
From: HerbVic  Read Replies (1) | Respond to of 97611
 
I'm sorry if I came across to you as an advocate. I merely meant to present analysis and a potential solution for a sticky problem. You are very correct in your position that there are many thing to consider other than the immediate concerns.

Living in Texas, a no income tax state, I was unaware of the level of taxation you were concerned with. However, I still might point out that, as I understand the federal tax code, were you to buy CPQ back within 30 days your tax position would remain intact. Of course, about the state tax I haven't a clue.

A couple of things you did leave out of your post, however. When you were doing the fast math to achieve the break even buy back figure of 17.865, what was your sell position? Also, what is the reasoning that would lead you to want to continue a long term investment in CPQ when there are so many other opportunities for asset appreciation?

There's IBIS, SNRS, BEAM, PIXR, VICL and ATLB just to name a few long term holds that are sure to pay off. And you already know that I like AAPL. :-)

HerbVic