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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: ed who wrote (20244)4/11/1999 1:44:00 AM
From: djia101362  Respond to of 74651
 
Ed, you are correct in saying tax should not be a factor in selling any stock, especially when you already qualify for the LTCG at 20%.

Wait too long to sell and you will be hit with the mother of all taxes, the 55% death tax. With 22 grandchildren, you might want to consider making them INTC shareholders as well.

Remember folks, it's never too late to buy MSFT.



To: ed who wrote (20244)4/11/1999 2:51:00 PM
From: John F. Dowd  Read Replies (2) | Respond to of 74651
 
INTC is going to help MSFT to grow and vice versa - symbiotic. If Forbes gets elected there will be no taxing of capital and savings. Go Forbes! My return form INTC has been great I bought it in 1992 and 7 years later it is worth more than 8x when I went in. I remember back in '92 every said it should be priced like a cyclical (somewhere around 13x) To enhance my return I thought I would play it smart and sell some way out of the money leaps. As Craemer says -Wrong! The stock immediately doubled and I was scrambling to repurchase those calls. I'll never doubt this premier company again. They are the crown jewel of American industry!

JFD