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Inktomi Corporation (INKT) Message Board

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  • internetJock internetJock Dec 8, 1999 10:10 PM Flag

    Dirty 12 et.al. - Advice?

    ... right now. Many small investors do not want
    to sell yhoo if they have been holding for a few
    months or more. The tax consequences are too large. They
    will hold until January at least to avoid the tax
    burden. Then the January affect hits and they continue to
    hold creating an demand over supply situation causing
    an escalation in the price. This is what happened to
    AOL last year.

    So my guess is for the next
    few weeks, big moving stocks like YHOO, RHAT, AOL,
    even INKT will continue to do well while stocks that
    have struggled may get hit hard as investors try to
    get losses accumulated before the end of the year.

 

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